Single Family
United States
1 / 18
The Spurgeon
53
1237 Stamp Lodge Road, Kingsport, United States
Long-term rentalUnlevered0.50% mgmt + 2.9% platform
The Spurgeon
Property Overview
Bedrooms
4
Bathrooms
2
Size
1764 sq ft
Year Built
2022
Investment Returns Projection
Projected value
$1,240
▲ $240 (24.00%)
Investment Summary
Asset Price$305,000.00
Token Price$10.00
Annual Yield4.40%
Monthly Rental$2,070.00
Appreciation RateN/A
Occupancy Rate100%
Where the Raise Goes
The offering costs $365,960.00 in total. The property itself is $305,000.00, so 20.0% of the total sits on top of the purchase price in reserves, costs and fees.
- Purchase price83.3%$305,000.00
- Reserves and improvements7.9%$28,750.00
- Closing and offering costs5.9%$21,539.00
- Platform fee2.9%$10,670.00
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
36,596
Token Price
$10.00
Tokens Available
36,596
Minimum Investment
$100.00
Token Holders
0
Platform Fee
2.92%
Management Fee
0.50% a year
Leverage
Unlevered
Property Features
Property Type
Single Family
Bedrooms
4
Bathrooms
2
Size
1764 sq ft
Year Built
2022
Condition
N/A
Street View
Total Price
$305,000.00
Token Price$10.00
Annual Yield4.40%
Tokens Available36,596
