Single Family
United States
1 / 18

1 Holdings Palmetto St, Detroit, MI 48234

31
Palmetto St, Detroit, United States

A portfolio of 4 single-family homes on Palmetto St in Detroit, each with four bedrooms. The homes sit on a single street, which helps optimize maintenance costs and collectively boost property values. A $20,000 renovation budget covers minor maintenance tasks such as lawn care, and the properties meet contemporary living standards.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,650
▲ $650 (65.00%)
Investment Summary
Asset Price$278,300.00
Token Price$50.60
Annual Yield10.54%
Monthly Rental$2,444.50
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $278,300.00 in total. The property itself is $220,000.00, so 26.5% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price79.1%$220,000.00
  • Reserves and improvements9.8%$27,270.00
  • Other11.1%$31,030.00

Figures as published by the platform at listing. Reserves are held for the property and stay inside the deal, closing costs and the platform fee do not.

Token Information

Total Tokens

5,500

Token Price

$50.60

Tokens Available

0

Minimum Investment

N/A

Token Holders

N/A

Platform Fee

N/A

Management Fee

N/A

Leverage

Not stated

Blockchain Network

Gnosis Chain

Token Symbol

REALTOKEN-S-1-HOLDINGS-PALMETTO-ST-DETROIT-MI

Contract Address

0xe7e80e20ce71acd578b18c54382567385771cc37

Property Features

Property Type

Single Family

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$278,300.00

Token Price$50.60
Annual Yield10.54%
Tokens AvailableN/A