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12091 Montrose St, Detroit, MI 48227

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12091 Montrose St, Detroit, United States

A single family residence at 12091 Montrose St in west Detroit, on an active street near shops, restaurants, churches and Doan Playground. The property is 100% Section 8, with rent fully subsidized by the government. Renovations are budgeted ahead of rental income distribution.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,600
$600 (60.00%)
Investment Summary
Asset Price$65,221.00
Token Price$50.17
Annual Yield9.85%
Monthly Rental$535.20
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $65,221.00 in total. The property itself is $52,000.00, so 25.4% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price79.7%$52,000.00
  • Reserves and improvements8.7%$5,700.00
  • Other11.5%$7,521.00

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

$50.17

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-12091-MONTROSE-ST-DETROIT-MI

Contract Address

0x01b4ea64e4204b51cbc8463ffc8e6046c9d70371

Property Features

Property Type

Other

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$65,221.00

Token Price$50.17
Annual Yield9.85%
Tokens AvailableN/A