10024 28 Appoline St Token

RealT


Price
$194.07 USD (4.78%)

24h Volume
388,376

Market Cap
$776,283

Last Trade
May 25, 2021

Last Trade
May 25, 2021
10024 28 Appoline St logo

RealT Price

Trading History

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Fundraise Status

Number Investors 184
Raise Close Date March 04, 2020
Last Updated May 26, 2021

Raise Progress Closed

Soft Cap
100% Complete
Current Amount Raised $582,000USD

Terms

Fundraise Information

Total Raise $582,000 USD
Soft Cap $100,000 USD
Raise Status Open since Active
Minimum Investment $582,000 USD
Accepted Investors Tba
Security Type Equity
Exemptions Reg D and Reg S
Instrument Equity/Dividend

Token Information

Price Per (RealT) $194.07 USD (4.78%)
Token Issuance Platform RealT
Token Protocol ERC-20
Token Issuance Info In-House
Payment Options
  • BTC
  • ETH
  • Other
  • USD

Token Rights

Each token grants the token holder the right to rent payments made by the tenant in the form of DAI (stablecoin)

About

Overview

Built in the 60’s, all 15 units were recently upgraded to conform to current market standards. In 2018, the roof was completely replaced. The apartment is currently fully rented, with a wait-list of available renters due to the below-market rate of $620 per month per unit.


To see a walkthrough of the property, please visit: http://smartfloorplan.com/p/t/shell5.php?id=v440516

Highlights

Property Highlights

Expected Yield: 11.47%

Rent per Token: $16.70 / year

Token Price: $145.56

Total Tokens: 4,000

Property Type: Multi Family

Neighborhood: Barton - McFarland

Square Feet: 12,064

Bedroom/Bath: 15-Unit Multifamily

Rented?: Fully Rented

Section 8?: Section 8 Pays...100%

Financials

Gross Rent / year: $100,992.00

Gross Rent / month: $8,416.00

Monthly Costs: $2,849.11

Net Rent / month: $5,566.89

Net Rent / year: $66,802.68

Total Investment: $582,200.00

Expected Yield: 11.47%