Name: 10639 Stratman St, Detroit, MI 48224
SKU: 161279
Price: 58.000000 USD
Availability: OutOfStock

It looks like you’re in the U.S.

Thank you for your interest in RealT. We’re currently working on a new offering for U.S. persons that is not yet ready for distribution. It’s coming soon – register and we’ll be sure to notify you when it’s ready!

We appreciate your understanding as we continue to redefine real estate investing around the globe.

Property Highlights

Token Type
Standard Equity
Expected Income
10.70%
Not including capital appreciation
Income Start Date
April 19, 2021
Income per Token
$ 6.20 / year
Token Price
$ 58.00
Total Tokens
1,200

All financial statements of property yield are best estimates based on current conditions, and can change at any time.

We are targeting the above yield for investors; however, no assurance can be given that you will obtain any return on investment, and there is a risk that you can lose your entire investment.

Property Type
Single Family
Full Address
10639 Stratman St, Detroit, MI 48224
Country
USA
Source
RealT
Neighborhood
Outer Drive - Hayes
Construction Year
1942
Bedroom/Bath
3 Bed / 1 Bath
Rental Type
Long Term
Rented?
Fully Rented
Rent Subsidy?
No

Property Financials

Gross Income / year
$ 9,660.00
Gross Income / month
$ 805.00
Monthly Costs
- $ 184.67
- Property Management (8.00%)
  - $ 64.40
- RealT Platform (2.00%)
  - $ 16.10
- Property Taxes
  - $ 54.17
- Insurance
  - $ 50.00
- Utilities
  Tenant-paid
Net Income / month
$ 620.33
Net Income / year
$ 7,443.96
Total Investment
$ 69,600.00
- Underlying Asset Price
  $ 69,000.00
- Initial Maintenance Reserve
  $ 600.00
- Unrounded Listing Price
  $ 69,600.00
Expected Income
10.70%
Not including capital appreciation

Property Details

Lot Size (sqft)
3,920
Parking
Detached Garage

Interior Size (sqft)
1,552

Blockchain

Total Tokens
1200

Gnosis Chain

Contract Address
0x4a99...21ef81
Owner Wallet
0x4d9f...5b6aff
Levinswap Pool
0x70ee...3f4b4a

Ethereum

Contract Address
0x4a99...21ef81
Owner Wallet
0x4d9f...5b6aff

Test Renovation content!

Offering Details

Offering Date
April 12, 2021
Issuer
RealToken LLC - Series #92 - 10639 Stratman
Min. Investment Amount
$58
Max. Investment Amount
$69,600.00
Amount Raised
$69,600.00
Offering Percent (of Total Tokens)
100.00%

Property Valuation

2022

Aug 11
486 days since prior valuation

Asset Valuation
$ 69,000.00

Annual Change
+17.45%

Total Investment
$ 69,600.00

Token Price
$ 58.00

Capital ROI
+14.17%

Reg Distributed
$ 6,393.33

New Photos
No new photos at this time.

View Appraisal Document
2021

Apr 12
Initial Valuation

Asset Valuation
$ 56,000.00

Total Investment
$ 63,936.00

Token Price
$ 53.28

Initial Valuation
Values derived in: Property Financials Tab

It looks like you’re in the U.S.

10639 Stratman St, Detroit, MI 48224

Total Investment: $ 69,600.00

Reg S: Non-U.S. Only

Property Highlights

Token Type

Expected IncomeExpected Income is calculated as Net Income / Total Investment. It does not include the potential return to token-holders from capital appreciation on the asset itself.

Income Start DateIncome to token holders begins the Monday after the Income Start Date. Income is paid weekly.

Income per TokenEver needed to move? RealT tenants are no different. Sometimes, life happens. RealT manages all maintenance and tenancy responsibilities, so you don’t have to. The cost of property maintenance is paid via the income of the property.

Token Price

Total Tokens

Property Type

Full Address

Country

Source

Neighborhood

Construction Year

Bedroom/Bath

Rental Type

Rented?When not fully rented, this property may not pay full rent to token holders.

Rent Subsidy?Some of our properties enjoy rent subsidies from state or federal programs such as HUD Section 8 and Section 42. Rent-subsidized properties typically enjoy more stable rents.

Property Financials

Gross Income / year

Gross Income / month

Monthly Costs

Property Management (8.00%)

RealT Platform (2.00%)

Property Taxes

Insurance

Utilities

Net Income / month

Net Income / year

Total Investment Total Investment is currently calculated as Number of Tokens x Token Price. As a result of the two-decimal value of the Token Price, (Total Investment - Unrounded Listing Price) will typically be a difference of a few cents to a few dollars.

Underlying Asset Price

Initial Maintenance Reserve

Unrounded Listing Price

Expected Income Expected Income is provided solely as an estimate. It does not include the potential return to token-holders from capital appreciation on the asset itself.

Property Details

Lot Size (sqft)

Parking

Interior Size (sqft)

Blockchain

Total Tokens

Gnosis Chain

Contract Address

Owner Wallet

Levinswap Pool

Ethereum

Contract Address

Owner Wallet

Test Renovation content!

Offering Details

Offering Date

Issuer

Min. Investment Amount

Max. Investment Amount

Amount Raised

Offering Percent (of Total Tokens)

Property Valuation

2022

Aug 11

Asset Valuation

Annual Change The Annual Change is the increase in property asset value since the prior valuation, divided by the years elapsed since the prior valuation, e.g., (2021 asset value - 2020 asset value) / (days elapsed / 365.25)

Total Investment The Total Investment is the nominal value of all the property’s tokens, and should always equal Total Tokens x Price per Token. Total Investment has many components; for a breakdown of all values that contribute to the Total Investment, please see the Financials tab.

Token Price The Token Price is the purchase price of a single token. It is also the price RealT will pay you if you sell back your token, less fees and subject to conditions.

Reg Distributed This is the nominal value of the REG governance tokens distributed to token-holders after the first revaluation. It is derived from the Offering Expense Reimbursement component of the initial Total Investment. Note that SOON tokens are the current placeholder for the REG.

New Photos

2021

Apr 12

Asset Valuation

Total Investment The Total Investment is the nominal value of all the property’s tokens, and should always equal Total Tokens x Price per Token. Total Investment has many components; for a breakdown of all values that contribute to the Total Investment, please see the Financials tab.

Token Price The Token Price is the purchase price of a single token. It is also the price RealT will pay you if you sell back your token, less fees and subject to conditions.

Initial Valuation

Map

Property Records

Previous Properties

The REG Token is Here!

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Expected Income

Income Start Date

Income per Token

Rented?

Rent Subsidy?

Total Investment

Expected Income

Annual Change

Total Investment

Token Price

Reg Distributed

Total Investment

Token Price