Threeworld home
Multi-Family
United States
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16049-16081 E Seven Mile, Detroit, MI 48205

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16049-16081 E Seven Mile, Detroit, United States

A multi-family residence on E Seven Mile in Detroit, built in 1947. It sits on the same street as 16085 E Seven Mile, a 10-unit multi-family property, and offers shaded comfort during Michigan summers.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,635
▲ $635 (63.50%)
Investment Summary
Asset Price$565,434.00
Token Price$50.94
Annual Yield10.33%
Monthly Rental$4,868.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $565,434.00 in total. The property itself is $475,000.00, so 19.0% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price84.0%$475,000.00
  • Reserves and improvements5.7%$32,440.00
  • Other10.3%$57,994.00

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

11,100

Token Price

$50.94

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-16049-16081-E-SEVEN-MILE-DETROIT-MI

Contract Address

0x1cc42015d1e4c97d8739d8fe663c47f0a49e9a38

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

$565,434.00

Token Price$50.94
Annual Yield10.33%
Tokens AvailableN/A

Property Resources