Single Family
United States
1 / 20
The Windgate
39
2488 Marion Lane, Southaven, United States
The Windgate
Property Overview
Bedrooms
4
Bathrooms
2
Size
1820 sq ft
Year Built
2022
Investment Returns Projection
Projected value
$1,246
▲ $246 (24.60%)
Investment Summary
Asset Price$302,600.00
Share Price$9.91
Annual Yield4.50%
Trailing 12-month yield+0.4 pts4.90%
Monthly Rental$2,095.00
Appreciation RateN/A
Occupancy Rate100%
Where the Raise Goes
The offering costs $361,190.00 in total. The property itself is $302,600.00, so 19.4% of the total sits on top of the purchase price in reserves, costs and fees.
- Purchase price83.8%$302,600.00
- Reserves and improvements7.5%$27,130.00
- Closing and offering costs5.8%$20,866.00
- Platform fee2.9%$10,590.00
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.
Shares Information
Total Shares
36,119
Share Price
$9.91
Shares Available
-942
Minimum Investment
$100.00
Share Holders
887
Platform Fee
2.93%
Management Fee
0.50% a year
Leverage
Unlevered
Property Features
Property Type
Single Family
Bedrooms
4
Bathrooms
2
Size
1820 sq ft
Year Built
2022
Condition
N/A
Street View
Total Price
$302,600.00
Share Price$9.91
Annual Yield4.50%
Shares Available-942
