Multi-Family
United States
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16728-16730 Woodingham Dr, Detroit, MI 48221

25
16728-16730 Woodingham Dr, Detroit, United States

A duplex in the Marygrove neighborhood of Detroit with two units, each offering 2 bedrooms and 1 bathroom, totaling 1,868 square feet on a 3,398 square-foot lot. It sits within walking distance of Marygrove schools and near Ella Fitzgerald Park and local restaurants.

Property Overview

Bedrooms

2

Bathrooms

1

Size

1868 sq ft

Year Built

N/A

Investment Returns Projection

Projected value

$1,614
▲ $614 (61.40%)
Investment Summary
Asset Price$143,896.50
Token Price$50.49
Annual Yield10.05%
Monthly Rental$1,205.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $143,896.50 in total. The property itself is $98,000.00, so 46.8% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price68.1%$98,000.00
  • Reserves and improvements19.9%$28,700.00
  • Other12.0%$17,196.50

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

2,850

Token Price

$50.49

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-16728-16730-WOODINGHAM-DR-DETROIT-MI

Contract Address

0xc7697f5e86a102eaf4000719a2dc477d65beea7d

Property Features

Property Type

Multi-Family

Bedrooms

2

Bathrooms

1

Size

1868 sq ft

Year Built

N/A

Condition

N/A

Street View
Total Price

$143,896.50

Token Price$50.49
Annual Yield10.05%
Tokens AvailableN/A