13116 Kilbourne Ave, Detroit, MI 48213

Total Investment: $65,221.00

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Property Highlights

  • Expected Yield

    11.03%
  • Rent Start Date

    2020-12-15
  • Rent per Token

    $5.53 / year
  • Token Price

    $50.17
  • Total Tokens

    1,300
  • Property Type

    Single Family
  • Construction Year

    1936
  • Neighborhood

    Eden Gardens
  • Square Feet

    1,300
  • Lot Size

    5,227
  • Bedroom/Bath

    3 Bed. / 1 Bath
  • Rented?

    Fully Rented
  • Section 8?

    No

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

We are targeting the above equity multiple 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.

Financials

  • Gross Rent / year

    $10,200.00
  • Gross Rent / month

    $850.00
  • Monthly Costs

    - $250.75
    • Property Management (7.00%)
      - $59.50
    • RealT Platform (2.00%)
      - $17.00
    • Property Taxes
      - $84.25
    • Insurance
      - $90.00
    • Utilities
      Tenant-paid
  • Net Rent / month

    $599.25
  • Net Rent / year

    $7,191.00
  • Total Investment

    $65,221.00
    • Underlying Asset Price
      $57,000.00
    • RealT Listing Fee (10%)
      $6,522.00
    • Initial Maintenance Reserve
      $1,700.00
  • Expected Yield

    11.03%

Maintenance Reserve

Map

Property Records

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