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1 Holdings Tennessee St, Detroit, MI 48215

26
Tennessee St, Detroit, United States

A grouping of six properties on Tennessee St in Detroit, built in 2000 (five properties) and 2005 (one property), each with an attached garage and none eligible for Section 42. Located near the Chrysler manufacturing plant to the west, with the neighbourhoods of Grosse Pointe Park, Grosse Pointe, and Grosse Pointe Farms to the east.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,624
$624 (62.40%)
Investment Summary
Asset Price$393,354.00
Token Price$50.43
Annual Yield10.18%
Monthly Rental$3,336.50
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $393,354.00 in total. The property itself is $324,000.00, so 21.4% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price82.4%$324,000.00
  • Reserves and improvements7.3%$28,546.00
  • Other10.4%$40,808.00

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

7,800

Token Price

$50.43

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-TENNESSEE-ST-DETROIT-MI

Contract Address

0x3e98281a3dc794799159732d5a488e6cea645c37

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

$393,354.00

Token Price$50.43
Annual Yield10.18%
Tokens AvailableN/A