Single Family
United States
1 / 2

18433 Faust Ave, Detroit, MI 48219

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18433 Faust Ave, Detroit, United States

A two-story single-family residence built in 1924 in a quiet residential neighborhood of Detroit, 18433 Faust Ave offers 1,296 square feet of living space with a basement and second story, plus forced-air heating. The 4,356 square-foot lot includes a mature maple at the southeast corner, and supermarkets, schools and Wayne County Community College NW Campus are nearby.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,592
▲ $592 (59.20%)
Investment Summary
Asset Price$76,700.00
Token Price$59.00
Annual Yield9.74%
Monthly Rental$622.40
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $76,700.00 in total. The property itself is $75,000.00, so 2.3% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price97.8%$75,000.00
  • Reserves and improvements2.2%$1,700.00

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

$59.00

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-S-18433-FAUST-AVE-DETROIT-MI

Contract Address

0x46F8A600337dec5CaB03aa9b8F67f1D5B788ce28

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

$76,700.00

Token Price$59.00
Annual Yield9.74%
Tokens AvailableN/A