20200 Lesure St, Detroit, MI 48235

Asset Price: $69,400.00

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Property Highlights

  • Expected Yield

  • Rent per Token

    $7.11 / year
  • Token Price

  • Total Tokens

  • Property Type

    Single Family
  • Neighborhood

    Schaefer 7-8 Lodge
  • Square Feet

  • Bedroom/Bath

    3 Bed. / 1 Bath

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.


  • Gross Rent / year

  • Gross Rent / month

  • Monthly Costs

    - $257.50
    • Property Management (8.00%)
      - $68.00
    • RealT Platform (2.00%)
      - $17.00
    • Property Taxes
      - $118.33
    • Insurance
      - $54.17
    • Utilities
  • Net Rent / month

  • Net Rent / year

  • Asset Price

  • Expected Yield


Maintenance Reserve

About the Property

Lesure is a single-family property in Detroit Michigan, USA. It’s located in the Blackstone Park neighborhood, an area in the middle of the blue-collar revitalization of the Detroit industry. The current tenant qualifies for section 8, has lived in the property for over 5 years, and has proven to be an excellent custodian of the property.

Lesure is in close proximity to Eight Mile Road, where local restaurants and retail stores act as the community hub. This location gives Lesure both a quiet neighborhood and easy access to the rest of the city. This property’s high rental income, maintenance history, and exposure to the resurgence of local industry makes Lesure a valuable component of a real estate portfolio looking for both passive income and exposure to the growth of Detroit.


Property Records

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Why Detroit?


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.