Single Family
United States
1 / 26

The Skitt

44
8334 Bright Water Drive, Ooltewah, United States

The Skitt

Property Overview

Bedrooms

5

Bathrooms

3

Size

2511 sq ft

Year Built

2024

Investment Returns Projection

Projected value

$1,176
▲ $176 (17.60%)
Investment Summary
Asset Price$418,000.00
Share Price$10.00
Annual Yield3.30%
Monthly Rental$2,295.00
Appreciation RateN/A
Occupancy Rate100%
Where the Raise Goes

The offering costs $493,660.00 in total. The property itself is $418,000.00, so 18.1% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price84.7%$418,000.00
  • Reserves and improvements6.7%$32,900.00
  • Closing and offering costs5.7%$28,130.00
  • Platform fee3.0%$14,630.00

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

49,366

Share Price

$10.00

Shares Available

-606

Minimum Investment

$100.00

Share Holders

1,204

Platform Fee

2.96%

Management Fee

0.51% a year

Leverage

Unlevered

Property Features

Property Type

Single Family

Bedrooms

5

Bathrooms

3

Size

2511 sq ft

Year Built

2024

Condition

N/A

Street View
Total Price

$418,000.00

Share Price$10.00
Annual Yield3.30%
Shares Available-606