20200 Lesure St Token

RealT


Price
$69.65 USD (1.58%)

24h Volume
30

Market Cap
$69,648

Last Trade
July 26, 2021

Last Trade
July 26, 2021
20200 Lesure St logo

RealT Price

Trading History

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Fundraise Status

Number Investors 64
Raise Close Date March 01, 2020
Last Updated May 26, 2021

Raise Progress Closed

Soft Cap
100% Complete
Current Amount Raised $69,400USD

Terms

Fundraise Information

Total Raise $69,400 USD
Soft Cap $40,000 USD
Raise Status Open since Closed
Minimum Investment $69,400 USD
Accepted Investors Tba
Security Type Dividend
Exemptions Reg D and Reg S
Instrument Dividend/Equity

Token Information

Price Per (RealT) $69.65 USD (1.58%)
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

Lesure is in close proximity to Eight Mile Road, where local restaurants and retail stores act as the community hub. This location gives Lesure both a quiet neighborhood and easy access to the rest of the city. This property’s high rental income, maintenance history, and exposure to the resurgence of local industry makes Lesure a valuable component of a real estate portfolio looking for both passive income and exposure to the growth of Detroit.



Highlights

Property Highlights

Expected Yield: 10.39%

Rent per Token: $7.21 / year

Token Price: $69.40

Total Tokens: 1,000

Property Type: Single Family

Neighborhood: Schaefer 7-8 Lodge

Square Feet: 1,027

Bedroom/Bath: 3 Bed. / 1 Bath

Rented?: Fully Rented

Section 8?: Partial - Section 8 Pays...95% of rent

Financials

Gross Rent / year: $10,200.00

Gross Rent / month: $850.00

Monthly Costs: $249.00

Net Rent / month: $601.00

Net Rent / year: $7,212.00

Total Investment: $69,400.00

Expected Yield10.39%