Single Family
United States
1 / 5

3514 Medbury St, Detroit, MI 48211

32
3514 Medbury St, Detroit, United States

A three-bedroom, one-bathroom single-family brick residence in Detroit's Poletown East neighborhood, set for revitalization with a $25,000 renovation budget covering a rebuilt porch, kitchen remodel, new floors and painting. The property sits near a fire station and police station, and already has an interested tenant ready to move in once renovations are complete.

Property Overview

Bedrooms

3

Bathrooms

1

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,614
▲ $614 (61.40%)
Investment Summary
Asset Price$75,360.00
Token Price$50.24
Annual Yield10.05%
Monthly Rental$631.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $75,360.00 in total. The property itself is $38,000.00, so 98.3% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price50.4%$38,000.00
  • Reserves and improvements35.8%$26,980.00
  • Other13.8%$10,380.00

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

1,500

Token Price

$50.24

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-3514-MEDBURY-ST-DETROIT-MI

Contract Address

0x696140e761afb57d7f2adc970c2b0e200975ee63

Property Features

Property Type

Single Family

Bedrooms

3

Bathrooms

1

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$75,360.00

Token Price$50.24
Annual Yield10.05%
Tokens AvailableN/A