Single Family
United States
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1 Holdings N Arcola St, Detroit, MI 48234

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N Arcola St, Detroit, United States

1 Holdings N Arcola St is a group of 10 single-family homes in a Detroit neighborhood near a local airport and several large corporations. The houses are 3- or 4-bedroom properties with brick siding and an attached garage. They meet the HUD Section 42 standard and are backed by a $30,000 renovation budget covering garage repairs, sprinkler updates, paint, plumbing, landscaping and gutters.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,660
$660 (66.00%)
Investment Summary
Asset Price$668,857.00
Token Price$50.29
Annual Yield10.67%
Monthly Rental$5,948.90
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $668,857.00 in total. The property itself is $550,000.00, so 21.6% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price82.2%$550,000.00
  • Reserves and improvements6.9%$46,002.00
  • Other10.9%$72,855.00

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

13,300

Token Price

$50.29

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-1-HOLDINGS-N-ARCOLA-ST-DETROIT-MI

Contract Address

0xa6662b6c605afb2cd635b2511efb10a04a08e79b

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

$668,857.00

Token Price$50.29
Annual Yield10.67%
Tokens AvailableN/A