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.

13430 Tacoma St, Detroit, MI 48205

View Smart Contracts: Eth Gnosis
Tenant moving out

This tenant is in the process of moving. Please excuse the mess!

Total Investment: $ 60,768.00

Reg S: Non-U.S. Only

This property is not available for purchase in your area.

Questions/Need Help? Email Us.

Property Highlights

  • Expected Income

    11.45%

    Not including capital appreciation

  • Income per Token

    $ 5.80 / year

  • Income Start Date

    November 15, 2022

  • Token Price

    $ 50.64

  • 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

    13430 Tacoma St, Detroit, MI 48205

  • Country

    USA

  • Source

    RealT

  • Neighborhood

    Pulaski

  • Construction Year

    1949

  • Stories

    1 Stories

  • Bedroom/Bath

    3 Beds / 1 Bath

  • Rental Type

    Long-term

  • Rented?

    Fully Rented

  • Rent Subsidy?

    No

Property Financials

  • Gross Rent / year

    $ 11,640.00

  • Gross Rent / month

    $ 970.00

  • Monthly Costs

    - $ 390.00
    • Property Management (8.00%)
      - $ 77.60
    • RealT Platform (2.00%)
      - $ 19.40
    • Maintenance Expenses
      - $ 100.00
    • Property Taxes
      - $ 153.00
    • Insurance
      - $ 40.00
    • Utilities
      Tenant-paid

  • Net Rent / month

    $ 580.00

  • Net Rent / year

    $ 6,960.00

  • Total Investment

    $ 60,768.00
    • Underlying Asset Price
      $ 50,000.00
    • Sourcing Fee (10%)
      $ 6,076.67
    • Initial Maintenance Reserve
      $ 1,790.00
    • Initial Renovation Reserve
      $ 2,500.00
    • Administrative Fees
      $ 400.00
    • Unrounded Listing Price
      $ 60,766.67
    • Rounding Difference
      $ 1.33

  • Expected Income

    11.45%

    Not including capital appreciation

Property Details

  • Lot Size (sqft)

    3,920

  • Foundation

    Masonery

  • Exterior Walls

    Frame

  • Roof Type

    Asphalt

  • Parking

    Driveway

  • Interior Size (sqft)

    900

  • Heating

    Forced Air / Gas

  • Cooling

    None

  • Building Class

    C

  • Renovated

    Partially, well maintained

  • Property Manager

    Mutual Property Management LLC

Blockchain

  • Identifier

    REALTOKEN-S-13430-TACOMA-ST-DETROIT-MI

  • Total Tokens

    1200

Gnosis Chain

Ethereum

Test Renovation content!

Offering Details

  • Offering Date

    October 13, 2022

  • Issuer

    RealToken International 13430 Tacoma St Inc

  • Min. Investment Amount

    $50.64

  • Max. Investment Amount

    $60,768.00

  • Amount Raised

    $60,768.00

  • Offering Percent (of Total Tokens)

    100.00%

About the Property

13430 Tacoma

We are pleased to offer you the sale of six single-family homes in the same neighborhood. These six properties perfectly synthesize RealT’s strategy. They allow us to continue to expand in concentric circles and improve our economies of scale where every dollar invested in one of the properties benefits the perceived value of the other properties!

These properties are also close to the True Church Ministries and a playground, which reassures the neighbors and benefits any mothers living alone with their children.

These six properties are well-maintained, and a small renovation budget of $2,500 for five of these properties is planned to keep the yield above 10%. For 13445 Tacoma, the budget is slightly higher, as some additional refurbishment is required.

These six properties are close to four other single-family homes that RealT has already tokenized: 19201 Westphalia, 18983 Alcoy, 19596 Goulburn, and 19535 Fairport. The first three of these properties have already been revalued, and we invite you to visit their Valuation tabs to evaluate their capital appreciation and RealT’s performance through the years.

Map

Property Records

Please sign in to view property records. Sign In >

Why Detroit?

INVEST RIGHT

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.

There’s something for everyone here, because Detroit is for everybody.

The Interests, in the form of Series #1 RealTokens and future series of RealTokens, being offered are highly speculative in nature, involve a high degree of risk and should be purchased only by persons who can afford to lose their entire investment. There can be no assurance that the Company’s business objectives will be achieved or that a secondary market would ever develop for the Interests, whether via the RealToken Website, via third party registered broker-dealers or otherwise. Investing in private placements requires high risk tolerance, low liquidity concerns, and long-term commitments. The Interests being sold are not FDIC insured, may lose value, and there is no bank or other guarantee.

Previous Properties

No Previous Properties were found for your area. US persons can only view US-only properties, and non-US persons can only view Non-US properties. If you believe you're seeing this message in error, please contact us via chat in the lower right corner of the website!
It looks like there are no previous properties at this time.
To improve site performance, the previous property query has been temporarily disabled until 14:20 UTC

    RealT has sold 459 other properties to investors around the world!

    For more information about these properties, please contact us via chat in the lower right corner of your screen, or email us at [email protected].