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1769 Cheryl Ave, Griffin, GA 30224

View Smart Contracts: Eth xDai

Total Investment: $ 307,272.00

Reg S: Non-U.S. Only

This property is not available for purchase in your area.

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Property Highlights

  • Expected Income

    7.18%

    Not including capital appreciation

  • Rent per Token

    $ 3.56 / year

  • Rent Start Date

    December 1, 2023

  • Token Price

    $ 49.56

  • Total Tokens

    6,200

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

    1769 Cheryl Ave, Griffin, GA 30224

  • Country

    USA

  • Source

    Roofstock

  • Neighborhood

    Powers Court

  • Construction Year

    2021

  • Bedroom/Bath

    3 Beds / 3 Baths

  • Rental Type

    Long-term

  • Rented?

    Fully Rented

  • Rent Subsidy?

    No

Property Financials

  • Gross Rent / year

    $ 31,200.00

  • Gross Rent / month

    $ 2,600.00

  • Monthly Costs

    - $ 761.00
    • Property Management (8.00%)
      - $ 208.00
    • RealT Platform (2.00%)
      - $ 52.00
    • Maintenance Expenses
      - $ 120.00
    • Property Taxes
      - $ 321.00
    • Insurance
      - $ 60.00
    • Utilities
      Tenant-paid

  • Net Rent / month

    $ 1,839.00

  • Net Rent / year

    $ 22,068.00

  • Total Investment

    $ 307,272.00
    • Underlying Asset Price
      $ 250,000.00
    • Operating Expense Reimbursement (8%)
      $ 24,582.61
    • Initial Maintenance Reserve
      $ 5,200.00
    • Initial Renovation Reserve
      $ 3,000.00
    • Administrative Fees
      $ 1,500.00
    • Miscellaneous Costs
      $ 23,000.00
    • Unrounded Listing Price
      $ 307,282.61
    • Rounding Difference
      - $ 10.61

  • Expected Income

    7.18%

    Not including capital appreciation

Property Details

  • Lot Size (sqft)

    11,761

  • Foundation

    Poured Concrete

  • Exterior Walls

    Concrete

  • Roof Type

    Composition Shingles

  • Interior Size (sqft)

    1,680

  • Heating

    Central Air

  • Cooling

    Central Air

  • Building Class

    B

  • Renovated

    Yes

  • Property Manager

    Hemlane

Blockchain

  • Identifier

    REALTOKEN-S-1769-CHERYL-AVE-GRIFFIN-GA

  • Total Tokens

    6200

Gnosis Chain

Ethereum

Test Renovation content!

Offering Details

  • Offering Date

    September 21, 2023

  • Issuer

    RealToken International 1769 Cheryl Ave Inc

  • Min. Investment Amount

    $49.56

  • Max. Investment Amount

    $307,272.00

  • Amount Raised

    $307,272.00

  • Offering Percent (of Total Tokens)

    100.00%

About the Property

1769 Cheryl

A Home That Stands Out

Situated in the vibrant heart of Griffin in the great state of Georgia, 1769 Cheryl Ave is a testament to modern elegance and design. Its location offers residents easy access to a selection of restaurants, ensuring a delightful blend of convenience and culinary delights.

Modern Elegance Meets Comfort

This home has been meticulously renovated to radiate the charm of a brand-new residence. Step inside to be greeted by gleaming LVP hardwood floors that blend seamlessly with the sleek cabinets and smooth ceilings, creating an ambiance of contemporary sophistication. The kitchen is a chef’s dream, boasting granite countertops and new stainless appliances, including a built-in microwave and refrigerator. The second floor is equally impressive, with spacious rooms and a versatile loft that can cater to various needs.

A Wise Investment Choice

Every detail of this home, from its modern fixtures to its cul-de-sac location, has been thoughtfully curated. With the investment of $23,000, the house will be fully furnished, which enhances the immediate appeal and paves the way for potential rent increases in the future.

1769 Cheryl Ave offers an expected annual rental income of 7.18%. The top-tier renovations, coupled with its prime location, position this property as a notable investment in Griffin’s real estate scene.

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