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11420 Montrose St, Detroit, MI 48227

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11420 Montrose St, Detroit, United States

11420 Montrose is a single family residence on an active street in the west end of Detroit, near shops, restaurants, churches and Doan Playground. It is offered alongside neighbouring 12091 Montrose, allowing investors to concentrate purchases in one area. The property is 100% Section 8, with rent fully subsidized by the government.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,591
$591 (59.10%)
Investment Summary
Asset Price$70,938.00
Token Price$50.67
Annual Yield9.73%
Monthly Rental$575.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $70,938.00 in total. The property itself is $54,000.00, so 31.4% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price76.1%$54,000.00
  • Reserves and improvements12.5%$8,840.00
  • Other11.4%$8,098.00

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

1,400

Token Price

$50.67

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-11420-MONTROSE-ST-DETROIT-MI

Contract Address

0xe4c74c3852cb088e49a010fb0b79159859623da2

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

$70,938.00

Token Price$50.67
Annual Yield9.73%
Tokens AvailableN/A