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5517-5519 Elmhurst St, Detroit, MI 48204

View Smart Contracts: Eth xDai

Total Investment: $ 103,300.00

Reg S: Non-U.S. Only

This property is not available for purchase in your area.

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Property Highlights

  • Token Type

    Standard Equity
  • Expected Income


    Not including capital appreciation

  • Income Start Date

    November 8, 2021
  • Income per Token

    $ 5.94 / year
  • Token Price

    $ 54.37
  • Total Tokens


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

  • Full Address

    5517-5519 Elmhurst, Detroit, MI 48204
  • Country

  • Source

  • Neighborhood

    Nardin Park
  • Construction Year

  • Total Units

    2 Units
  • Bedroom/Bath

    3x2 Bed / 2x2 Bath
  • Rental Type

    Long Term
  • Rented?

    Fully Rented
  • Rent Subsidy?


Property Financials

  • Gross Income / year

    $ 16,800.00
  • Gross Income / month

    $ 1,400.00
  • Monthly Costs

    - $ 460.00
    • Property Management (8.00%)
      - $ 112.00
    • RealT Platform (2.00%)
      - $ 28.00
    • Maintenance Expenses
      - $ 90.00
    • Property Taxes
      - $ 180.00
    • Insurance
      - $ 50.00
    • Utilities
  • Net Income / month

    $ 940.00
  • Net Income / year

    $ 11,280.00
  • Total Investment

    $ 103,300.00
    • Underlying Asset Price
      $ 102,700.00
    • Initial Maintenance Reserve
      $ 600.00
    • Miscellaneous Costs
      $ 5,475.00
    • Unrounded Listing Price
      $ 108,775.00
    • Rounding Difference
      - $ 5,475.00
  • Expected Income


    Not including capital appreciation

Property Details

  • Lot Size (sqft)

  • Exterior Walls

  • Roof Type

  • Parking

    1 Detached Garage
  • Interior Size (sqft)

  • Heating

    Gas/Forced Hot Air
  • Cooling


Test Renovation content!

Offering Details

  • Offering Date

    November 8, 2021
  • Issuer

    RealToken LLC Series 168 - 5517 Elmhurst
  • Min. Investment Amount

  • Max. Investment Amount

  • Amount Raised

  • Offering Percent (of Total Tokens)


Property Valuation

  • 2023

    May 26
    564 days since prior valuation

    Asset Valuation

    $ 102,700.00

    Annual Change


    Total Investment

    $ 103,300.00

    Token Price

    $ 54.37

    Capital ROI


    Reg Distributed

    $ 9,808.33

    New Photos

    No new photos at this time.
  • 2021

    Nov 08
    Initial Valuation

    Asset Valuation

    $ 74,000.00

    Total Investment

    $ 98,078.00

    Token Price

    $ 51.62

    Initial Valuation

    Values derived in: Property Financials Tab

About the Property

5517-5519 Elmhurst

Located in the trending Nardin Park area, 5517-5519 Elmhurst boasts an open floor plan, a large archway, ample bedroom space, and hardwood floors throughout. The hallways are lined with built-in shelving for convenient storage, and each unit has a brick fireplace to enjoy during the winter months. The exterior is complimented by a wide porch on the first floor and a bird’s-eye view from the second floor deck, which extend the living space into the outdoors. Steps away is a grassy picnic area complete with a quaint gazebo and park benches for the community to gather and enjoy more outdoor space.

This duplex is located on a quiet residential street, but it sits steps away from Livernois Street, which is home to local markets and restaurants. It is also positioned directly across from the Detroit Police Department 10th Precinct, which promotes a safe, crime-free neighborhood. In addition to its safety, Nardin Park is part of the City of Detroit’s revitalization plan, which includes a framework to protect the character of the neighborhood’s future development. It prioritizes building on inclusionary growth, economic opportunity, and an atmosphere of trust within the community. To date this plan has renovated over 300 boarded-up buildings, implemented a demolition strategy for dilapidated areas, and developed a community forum to involve residents in determining what areas to target next. More information can be found on the City of Detroit’s website.

With its solid brick structure, open concept, long-term tenants, and the potential economic growth of the surrounding area, Elmhurst is one of RealT’s most exciting properties to date!


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.

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