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1 Holdings Conner St, Detroit, MI 48215

26
Conner St, Detroit, United States

A group of 10 properties on Conner Street in Detroit, built in 2000 with attached garages and not eligible for Section 42. The homes sit west of the Grosse Pointe neighborhoods and near the Chrysler manufacturing plant, with a $26,500 renovation budget set aside for deferred maintenance.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,605
$605 (60.50%)
Investment Summary
Asset Price$650,805.00
Token Price$50.45
Annual Yield9.92%
Monthly Rental$5,379.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $650,805.00 in total. The property itself is $540,000.00, so 20.5% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price83.0%$540,000.00
  • Reserves and improvements6.8%$44,170.00
  • Other10.2%$66,635.00

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

12,900

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-1-HOLDINGS-CONNER-ST-DETROIT-MI

Contract Address

0x8236067c1b6dc176ebda95531168e93bbcee25b0

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

$650,805.00

Token Price$50.45
Annual Yield9.92%
Tokens AvailableN/A