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22 Lamar Dr, Jennings, MO 63136

View Smart Contracts: Eth Gnosis

Total Investment: $ 72,949.50

Reg S: Non-U.S. Only

This property is not available for purchase in your area.

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Property Highlights

  • Expected Income

    9.85%

    Not including capital appreciation

  • Income per Token

    $ 4.95 / year

  • Income Start Date

    April 1, 2024

  • Token Price

    $ 50.31

  • Total Tokens

    1,450

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

    22 Lamar Dr, Jennings, MO 63136

  • Country

    USA

  • Source

    RealT

  • Neighborhood

    Rodell Place

  • Construction Year

    1939

  • Bedroom/Bath

    3 Beds / 1 Bath

  • Rental Type

    Long-term

  • Rented?

    Fully Rented

  • Rent Subsidy?

    No

Property Financials

  • Gross Rent / year

    $ 11,580.00

  • Gross Rent / month

    $ 965.00

  • Monthly Costs

    - $ 366.50
    • Property Management (8.00%)
      - $ 77.20
    • RealT Platform (2.00%)
      - $ 19.30
    • Maintenance Expenses
      - $ 110.00
    • Property Taxes
      - $ 95.00
    • Insurance
      - $ 65.00
    • Utilities
      Tenant-paid

  • Net Rent / month

    $ 598.50

  • Net Rent / year

    $ 7,182.00

  • Total Investment

    $ 72,949.50
    • Underlying Asset Price
      $ 55,000.00
    • Sourcing Fee (10%)
      $ 7,294.95
    • Initial Maintenance Reserve
      $ 1,860.00
    • Initial Renovation Reserve
      $ 6,000.00
    • Administrative Fees
      $ 2,500.00
    • Miscellaneous Costs
      $ 300.00
    • Unrounded Listing Price
      $ 72,954.95
    • Rounding Difference
      - $ 5.45

  • Expected Income

    9.85%

    Not including capital appreciation

Property Details

  • Lot Size (sqft)

    7,079

  • Foundation

    Masonry

  • Exterior Walls

    Aluminium / Vinyl

  • Roof Type

    Asphalt

  • Interior Size (sqft)

    1,124

  • Heating

    Central

  • Cooling

    Central

  • Building Class

    C

Blockchain

  • Identifier

    REALTOKEN-S-22-LAMAR-DR-JENNINGS-MO

  • Total Tokens

    1450

Gnosis Chain

Ethereum

Test Renovation content!

Offering Details

  • Offering Date

    January 11, 2024

  • Issuer

    RealToken International 22 Lamar St Inc

  • Min. Investment Amount

    $50.31

  • Max. Investment Amount

    $72,949.50

  • Amount Raised

    $72,949.50

  • Offering Percent (of Total Tokens)

    100.00%

About the Property

22 Lamar

22 Lamar, a single-family residence in the St. Louis suburb of Jennings, offers a comfortable living space of 1,124 square feet on an expansive 7,079 square-foot lot. This home comes with a spacious backyard, 3 bedrooms, and 1 bathroom, providing a cozy and functional layout for tenants, and also enjoys an attached garage for added convenience.

Located in the Rodell Place neighborhood, 22 Lamar enjoys a central location in the quiet enclave of Jennings. The neighborhood is surrounded by numerous schools and grocery stores, making it an ideal option for families seeking education arrangements and convenience. The nearby schools include Jennings Junior High School, Northview Elementary School, and the neighborhood also offers family-friendly spots like Lions Park.

Token-holders can anticipate a solid 9.84% expected rental income from 22 Lamar. This property was acquired for a competitive $55,000 and presents an attractive entry point for those looking to invest in the St. Louis-area real estate market. A $6,000 renovation budget is included in the listing price, covering essential fixes like roof repair, yard care, and addressing deferred maintenance. Don’t miss out on the opportunity to be a part of this strategically located property in the St. Louis area!

Map

Property Records

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Why St. Louis?

Invest Right

In 2021, St. Louis, MO, earned recognition as one of the top 20 most enjoyable cities in America by WalletHub. Residents express their affection for the city due to factors such as its affordable living costs, budget-friendly housing, and a rich selection of amenities and entertainment options. Many describe St. Louis as a metropolis that expresses both big-city vibes and small-town charm. The city has a diverse economy, excelling in service, manufacturing, trade, transportation, and aviation sectors. St. Louis is renowned for its distinctive Gateway Arch, devoted sports enthusiasts, and a vibrant blues music scene.

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.

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