Multi-Family
United States
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10040 Cadieux Rd, Detroit, MI 48224

33
10040 Cadieux Rd, Detroit, United States

A multi-family property in Detroit with 8 units and 12 parking spaces, built in 1957. It was partially renovated in 2019 and 2020, with planned work including a refresh of unit 8, gutter and trough work, and walkway concrete repair.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,710
$710 (71.00%)
Investment Summary
Asset Price$408,645.00
Token Price$50.45
Annual Yield11.33%
Monthly Rental$3,859.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $408,645.00 in total. The property itself is $350,000.00, so 16.8% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price85.6%$350,000.00
  • Reserves and improvements4.1%$16,760.00
  • Other10.2%$41,885.00

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

8,100

Token Price

$50.45

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-10040-CADIEUX-RD-DETROIT-MI

Contract Address

0xF793d1ba72E2914525205cA592DEC2142E700CB4

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

$408,645.00

Token Price$50.45
Annual Yield11.33%
Tokens AvailableN/A