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433 Kitchener St, Detroit, MI 48215

22
433 Kitchener St, Detroit, United States

A 1,387 square foot property on a 5,793 square foot lot in Detroit's Jefferson Chalmers neighborhood, near parks, an elementary school and a mall. A $3,500 refurbishment is planned to maintain its condition. Nearby RealT-owned properties on adjacent streets allow for more efficient management.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,596
▲ $596 (59.60%)
Investment Summary
Asset Price$67,561.00
Token Price$51.97
Annual Yield9.80%
Monthly Rental$552.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $67,561.00 in total. The property itself is $54,000.00, so 25.1% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price79.9%$54,000.00
  • Reserves and improvements7.8%$5,300.00
  • Other12.2%$8,261.00

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

1,300

Token Price

$51.97

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-433-KITCHENER-ST-DETROIT-MI

Contract Address

0x30107f6f95b946c4ea0eaeb9f7ae436078f971b1

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

$67,561.00

Token Price$51.97
Annual Yield9.80%
Tokens AvailableN/A