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450 Kitchener St, Detroit, MI 48215

26
450 Kitchener St, Detroit, United States

A 1,440 square foot property in Detroit's Jefferson Chalmers neighborhood, set on a 6,011 square foot plot. It sits close to parks, an elementary school and a mall, with a $4,000 renovation budget planned to maintain its condition.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,599
$599 (59.90%)
Investment Summary
Asset Price$68,122.60
Token Price$51.22
Annual Yield9.84%
Monthly Rental$558.50
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $68,122.60 in total. The property itself is $54,000.00, so 26.2% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price79.3%$54,000.00
  • Reserves and improvements8.5%$5,810.00
  • Other12.2%$8,312.60

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

1,330

Token Price

$51.22

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-450-KITCHENER-ST-DETROIT-MI

Contract Address

0x79a956cf468ee592d6aef9ce06920989654b1ce3

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

$68,122.60

Token Price$51.22
Annual Yield9.84%
Tokens AvailableN/A