Single Family
United States
1 / 10

16520 Ilene St, Detroit, MI 48221

35
16520 Ilene St, Detroit, United States

A single-family residence built in 1937 at 16520 Ilene St in Detroit, next to the Highland Park neighborhood, which hosts a concentration of universities. The property is well maintained, with minor renovations planned including gutter and exterior grading repairs, plumbing work under the kitchen sink, and basement floor and stairwell repairs.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,692
$692 (69.20%)
Investment Summary
Asset Price$70,400.00
Token Price$53.13
Annual Yield11.09%
Monthly Rental$650.60
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $70,400.00 in total. The property itself is $69,100.00, so 1.9% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price98.2%$69,100.00
  • Reserves and improvements1.8%$1,300.00

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

1,325

Token Price

$53.13

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-16520-ILENE-ST-DETROIT-MI

Contract Address

0x3113bb5E8BF9Dc44EcDB111e5C4ab0818015a2E1

Property Features

Property Type

Single Family

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$70,400.00

Token Price$53.13
Annual Yield11.09%
Tokens AvailableN/A