Multi-Family
United States
1 / 8

13245 Monica St, Detroit, MI 48238

35
13245 Monica St, Detroit, United States

A 16-unit multi-family building on the north side of Detroit, built in 1930 with classic brick facade and charming peaks. It sits in a well-maintained neighborhood with sidewalk-lined streets, close to public transportation, shopping and dining. The property is fully rented and was maintained by the family that built it.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,788
$788 (78.80%)
Investment Summary
Asset Price$872,780.00
Token Price$51.34
Annual Yield12.32%
Monthly Rental$8,959.20
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $872,780.00 in total. The property itself is $720,000.00, so 21.2% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price82.5%$720,000.00
  • Reserves and improvements3.9%$34,440.00
  • Other13.6%$118,340.00

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

17,000

Token Price

$51.34

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-13245-MONICA-ST-DETROIT-MI

Contract Address

0x052Ad78E3aA0b0F2D3912FD3b50a9a289CF2f7Aa

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

$872,780.00

Token Price$51.34
Annual Yield12.32%
Tokens AvailableN/A