Single Family
United States
1 / 4

5942 Audubon Rd, Detroit, MI 48224

38
5942 Audubon Rd, Detroit, United States

A 2,571 square-foot single-family home built in the 1930s in Detroit's Morningside neighborhood, sitting on a 6,531 square-foot lot. Completely rehabilitated and rented in 2019, it offers central heating and period character, with proximity to Cass Technical and Renaissance High schools and easy access to Highway 94.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,998
$998 (99.80%)
Investment Summary
Asset Price$61,500.00
Token Price$82.00
Annual Yield14.85%
Monthly Rental$761.01
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $61,500.00 in total. The property itself is $61,000.00, so 0.8% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price99.2%$61,000.00
  • Reserves and improvements0.8%$500.00

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

750

Token Price

$82.00

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-5942-AUDUBON-RD-DETROIT-MI

Contract Address

0x6Db6d540F5614e6BaB7475Af3F430F46a0B083e2

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

$61,500.00

Token Price$82.00
Annual Yield14.85%
Tokens AvailableN/A