(S) 10147 Somerset Ave Detroit MI Token

RealT

The Raise Total

$32,536

Price Per Token

$50

Raise Start

July 8, 2022

Minimum Investment

$32,536

https://realt.co/product/s-10147-somerset-ave-detroit-mi-48224/

Built in 1939, this single family residence houses 3 bedrooms and 1 bathroom. Reg S for international investors.

Terms

Fundraise Information

Total Raise $32,536 USD
Soft Cap $650 USD
Raise Status Open since Closed
Minimum Investment $32,536 USD
Accepted Investors International Non Us
Security Type -
Exemptions Reg S
Instrument Dividend Paying

Token Information

Price Per (RealT) $50
Token Issuance Platform RealT
Token Protocol ERC-20
Token Issuance Info NA
Payment Options tba

Token Rights

Token holders are entitled to a portion of rent paid.

About

Overview

Lot Size (sqft): 4,792 Foundation: Masonry Block Exterior Walls: Brick Roof Type: Asphalt/Gable Parking: 1 Detached Parking Interior Size (sqft): 1,162 Heating: Forced Air/Gas Cooling: Central Building Class: C Renovated: Well-Maintained Property Manager: Mutual Property Management LLC Gross Rent / year: $10,800.00 Gross Rent / month: $900.00 Monthly Costs: -$ 305.00 Net Rent / month: $595.00 Net Rent / year: $7,140.00 Total Investment: $ 67,783.50 (US-Only Portion $5,247.42, Non-US Portion $32,536.08) Expected Income: 10.53%

Highlights

Expected Income: 10.53% not including capital appreciation Rent Start Date: August 1, 2022 Rent per Token: $5.29 / year Token Price: $50.21 Total Tokens: 1,350 (US-Only Tokens: 702, Non-US Tokens: 648) Property Type: Single Family Full Address: 10147 Somerset Ave, Detroit, MI 48224 Neighborhood: Conner Construction Year: 1939 Stories: 1 Stories Bedroom/Bath: 3 Bed / 1 Bath Rental Type: Long-term Rented? Fully Rented Section 8? No