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14903 Promenade St, Detroit, MI 48213

22
14903 Promenade St, Detroit, United States

A single-family residence in Detroit's Conner neighborhood, near the New Christ Temple COGIC and within the Detroit Public Schools Community District. The house has 3 bedrooms, 1 bathroom and spans 850 square feet, with a $4,000 renovation budget allowing flexibility for adjustments.

Property Overview

Bedrooms

3

Bathrooms

1

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,618
▲ $618 (61.80%)
Investment Summary
Asset Price$69,552.00
Token Price$50.40
Annual Yield10.10%
Monthly Rental$585.50
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $69,552.00 in total. The property itself is $54,000.00, so 28.8% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price77.6%$54,000.00
  • Reserves and improvements8.3%$5,800.00
  • Other14.0%$9,752.00

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

1,380

Token Price

$50.40

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-14903-PROMENADE-ST-DETROIT-MI

Contract Address

0xb0bd62447ec79ae63407f34d27cb7e536c28179e

Property Features

Property Type

Other

Bedrooms

3

Bathrooms

1

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$69,552.00

Token Price$50.40
Annual Yield10.10%
Tokens AvailableN/A