25097 Andover Dr Token

RealT


Price
$59.33 USD (4.47%)

24h Volume
6

Market Cap
$83,066

Last Trade
July 27, 2021

Last Trade
July 27, 2021
25097 Andover Dr logo

RealT Price

Trading History

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Fundraise Status

Number Investors 207
Raise Close Date April 02, 2020
Last Updated May 26, 2021

Raise Progress Closed

Soft Cap
100% Complete
Current Amount Raised $74,389USD

Terms

Fundraise Information

Total Raise $74,389 USD
Soft Cap $70,000 USD
Raise Status Open since Closed
Minimum Investment $74,389 USD
Accepted Investors Tba
Security Type Dividend
Exemptions Reg D and Reg S
Instrument TBA

Token Information

Price Per (RealT) $59.33 USD (4.47%)
Token Issuance Platform RealT
Token Protocol ERC-20
Token Issuance Info RealT
Payment Options
  • BTC
  • ETH
  • Other

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

Detroit, one of the fastest growing major cities in America and best kept real estate secrets, is rich with history, and possesses a colorful cultural fabric. Despite being among the 15 largest metro areas in the US, Detroit drivers spend the least amount of time in traffic during peak periods. Beyond automotive innovation, Detroit is home to dozens of startup incubators, and is surging on Inc.’s list of top 50 cities to start a business*. Root for the Lions, Tigers, Pistons and Red Wings, or enjoy the outdoors with over 200 miles of hiking trails nearby, 9 state parks, and over 3200 miles of coastline to explore.



Highlights

Property Highlights

Expected Yield: 11.21%

Rent per Token: $5.96 / year

Token Price: $53.13

Total Tokens: 1,400

Property Type: Single Family

Neighborhood: Dearborn Heights

Square Feet: 974

Bedroom/Bath: 3 Bed / 1 Bath

Rented?: Fully Rented

Section 8?: Section 8 Pays...90%

Financials

Gross Rent / year: $11,400.00

Gross Rent / month: $950.00

Monthly Costs: $255.00

Net Rent / month: $695.00

Net Rent / year: $8,340.00

Total Investment: $74,388.89

Expected Yield11.21%