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3747 Scovel Pl, Detroit, MI 48208

37
3747 Scovel Pl, Detroit, United States

A multi-unit building at 3747 Scovel Pl in Detroit with 18 units, undergoing significant renovations and located next to a newly-renovated sister building.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,876
$876 (87.60%)
Investment Summary
Asset Price$692,622.00
Token Price$50.19
Annual Yield13.41%
Monthly Rental$7,742.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $692,622.00 in total. The property itself is $500,000.00, so 38.5% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price72.2%$500,000.00
  • Reserves and improvements17.8%$123,400.00
  • Other10.0%$69,222.00

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

13,800

Token Price

$50.19

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-3747-SCOVEL-PL-DETROIT-MI

Contract Address

0xCfe61Eff2CDE5C5885bA3A649AB092F56BD2830F

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

$692,622.00

Token Price$50.19
Annual Yield13.41%
Tokens AvailableN/A