Single Family
United States
1 / 4

14610 Fairmont Dr, Detroit, MI 48205

23
14610 Fairmont Dr, Detroit, United States

A 1940 single-family residence in the Osborn neighborhood of Detroit, offering 1,004 sqft of living space with 3 bedrooms and 2 bathrooms on a 5,227 sqft lot. It sits near everyday amenities such as ALDI and the Academy of Warren, and a $6,000 renovation budget has been allocated for minor upgrades and improvements.

Property Overview

Bedrooms

3

Bathrooms

2

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,550
▲ $550 (55.00%)
Investment Summary
Asset Price$92,993.60
Token Price$50.54
Annual Yield9.16%
Monthly Rental$710.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $92,993.60 in total. The property itself is $72,000.00, so 29.2% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price77.4%$72,000.00
  • Reserves and improvements8.9%$8,300.00
  • Other13.6%$12,693.60

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

1,840

Token Price

$50.54

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-14610-FAIRMONT-DR-DETROIT-MI

Contract Address

0xf5ab89c2cf214a2bb0b828646f2721b50705612e

Property Features

Property Type

Single Family

Bedrooms

3

Bathrooms

2

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$92,993.60

Token Price$50.54
Annual Yield9.16%
Tokens AvailableN/A