Single Family
United States
1 / 8

12236 Sorrento Ave, Detroit, MI 48227

30
12236 Sorrento Ave, Detroit, United States

A 1,248 square-foot single-family home in Detroit's Pride Area Community, offering 3 bedrooms, 1 bathroom and a handicap ramp for accessible entry. The property sits near a local supermarket and the Prayer Chapel Church, in a dense suburban neighborhood with plenty of parks.

Property Overview

Bedrooms

3

Bathrooms

1

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,607
▲ $607 (60.70%)
Investment Summary
Asset Price$68,445.00
Token Price$50.70
Annual Yield9.95%
Monthly Rental$567.50
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $68,445.00 in total. The property itself is $53,000.00, so 29.1% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price77.4%$53,000.00
  • Reserves and improvements8.5%$5,800.00
  • Other14.1%$9,645.00

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

1,350

Token Price

$50.70

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-12236-SORRENTO-ST-DETROIT-MI

Contract Address

0x988b40198194ea79fd650d1c61db996b7dcd0780

Property Features

Property Type

Single Family

Bedrooms

3

Bathrooms

1

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$68,445.00

Token Price$50.70
Annual Yield9.95%
Tokens AvailableN/A