9336 Patton St Token

RealT


Price
$64.88 USD (0.98%)

24h Volume
0

Market Cap
$64,881

Last Trade
September 23, 2021

Last Trade
September 23, 2021
9336 Patton St logo

RealT Price

Trading History

Login to see full trading history

Login Register

Fundraise Status

Number Investors 130
Raise Close Date March 11, 2020
Last Updated May 26, 2021

Raise Progress Closed

Soft Cap
100% Complete
Current Amount Raised $62,700USD

Terms

Fundraise Information

Total Raise $62,700 USD
Soft Cap $20,000 USD
Raise Status Open since Closed
Minimum Investment $62,700 USD
Accepted Investors Tba
Security Type Dividend
Exemptions Reg D and S
Instrument Equity and Dividend

Token Information

Price Per (RealT) $64.88 USD (0.98%)
Token Issuance Platform RealT
Token Protocol ERC-20
Token Issuance Info In-House
Payment Options
  • BTC
  • ETH
  • Other
  • USD

Token Rights

Each token holder receives daily dividends from the rental income of each property in the form of DAI (the stablecoin) and holds an equity interest in the property

About

Overview

Just three blocks away from Patton is Rouge Park, a 1,200 acre park that is 40% larger than New York’s Central Park! The park has more than a dozen amenities that are completely unique to Detroit, such as the only Michigan Mountain Biking Association trail in Wayne County, an archery range, and the 15-acre tall-grass prairie with an ecosystem that supports butterflies and other wildlife.

The Franklin Park neighborhood is a blue-collar area where the resurgence of the automobile industry has positively impacted the local housing market.

Highlights

Property Highlights

Expected Yield: 10.4%

Rent per Token: $6.52 / year

Token Price: $62.70

Total Tokens: 1,000

Property Type: Single Family

Square Feet:850

Bedroom/Bath: 3 Bed / 1 Bath

Rented?: Fully Rented

Financials

Gross Rent / year: $9,300.00

Gross Rent / month: $775.00

Monthly Costs: $231.84

Net Rent / month: $543.16

Net Rent / year: $6,517.92

Total Investment: $62,700.00

Expected Yield: 10.40%