Threeworld home
Other
United States
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18438 Morang Ave, Detroit, MI 48205

25
18438 Morang Ave, Detroit, United States

A commercial rental property at 18438 Morang Ave in Detroit, United States, currently leased in full to a single company on a two-year renewable lease. A planned renovation covers façade repairs, replacement of toilets and carpet, and added embellishments.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,634
▲ $634 (63.40%)
Investment Summary
Asset Price$205,984.00
Token Price$50.24
Annual Yield10.32%
Monthly Rental$1,771.10
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $205,984.00 in total. The property itself is $150,000.00, so 37.3% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price72.8%$150,000.00
  • Reserves and improvements16.7%$34,380.00
  • Other10.5%$21,604.00

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

4,100

Token Price

$50.24

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-18438-MORANG-AVE-DETROIT-MI

Contract Address

0x458b169D6D9D5d021d61013E3A01bF7dee29DD90

Property Features

Property Type

Other

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$205,984.00

Token Price$50.24
Annual Yield10.32%
Tokens AvailableN/A

Property Resources