Multi-Family
United States
1 / 4

18608-18612 Moross Rd, Detroit, MI 48224

32
18608-18612 Moross Rd, Detroit, United States

A duplex at 18608-18612 Moross Rd in Detroit, located in the same neighborhood as properties on Kelly. The property needs renovation, with planned work including the roof, floors, repainting, kitchen appliances, fire detectors and exterior landscaping, expected to take about two months before a new tenant is placed.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,766
▲ $766 (76.60%)
Investment Summary
Asset Price$99,120.00
Token Price$49.56
Annual Yield12.05%
Monthly Rental$995.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $99,120.00 in total. The property itself is $64,000.00, so 54.9% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price64.6%$64,000.00
  • Reserves and improvements25.0%$24,800.00
  • Other10.4%$10,320.00

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

2,000

Token Price

$49.56

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-18608-18612-MOROSS-RD-DETROIT-MI

Contract Address

0xA48Ddf8D4F9b03c63d6340B5E0D2AF293Ab516Ea

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

$99,120.00

Token Price$49.56
Annual Yield12.05%
Tokens AvailableN/A