Multi-Family
United States
1 / 7

2518 Glendale Ave, Detroit, MI 48238

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2518 Glendale Ave, Detroit, United States

A duplex at 2518 Glendale Ave in Detroit, close to Highland Park and near other properties in the area such as 2661-2663 Cortland and 2911 Sturtevant. Planned maintenance includes gutter repairs, garden cleaning and repainting.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,621
▲ $621 (62.10%)
Investment Summary
Asset Price$111,122.00
Token Price$50.51
Annual Yield10.14%
Monthly Rental$939.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $111,122.00 in total. The property itself is $86,000.00, so 29.2% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price77.4%$86,000.00
  • Reserves and improvements11.5%$12,800.00
  • Other11.1%$12,322.00

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

2,200

Token Price

$50.51

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-2518-GLENDALE-AVE-DETROIT-MI

Contract Address

0xcb2928d422cc2f349bfb67ee74113a3101a58cb4

Property Features

Property Type

Multi-Family

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$111,122.00

Token Price$50.51
Annual Yield10.14%
Tokens AvailableN/A