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.

7913 Faith Ln, Montgomery, AL 36117

View Smart Contracts: Eth xDai

Total Investment: $ 323,020.00

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

    7.35%

    Not including capital appreciation

  • Rent per Token

    $ 3.83 / year

  • Rent Start Date

    January 15, 2024

  • Token Price

    $ 52.10

  • 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

    7913 Faith Ln, Montgomery, AL 36117

  • Country

    USA

  • Source

    Roofstock

  • Neighborhood

    Ryan Ridge

  • Construction Year

    2017

  • Bedroom/Bath

    3 Beds / 2 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

    - $ 622.00
    • Property Management (8.00%)
      - $ 208.00
    • RealT Platform (2.00%)
      - $ 52.00
    • Maintenance Expenses
      - $ 120.00
    • Property Taxes
      - $ 180.00
    • Insurance
      - $ 62.00
    • Utilities
      Tenant-paid

  • Net Rent / month

    $ 1,978.00

  • Net Rent / year

    $ 23,736.00

  • Total Investment

    $ 323,020.00
    • Underlying Asset Price
      $ 285,000.00
    • Operating Expense Reimbursement (8%)
      $ 25,843.48
    • Initial Maintenance Reserve
      $ 5,200.00
    • Initial Renovation Reserve
      $ 3,000.00
    • Administrative Fees
      $ 2,000.00
    • Miscellaneous Costs
      $ 2,000.00
    • Unrounded Listing Price
      $ 323,043.48
    • Rounding Difference
      - $ 23.48

  • Expected Income

    7.35%

    Not including capital appreciation

Property Details

  • Lot Size (sqft)

    6,499

  • Foundation

    Slab

  • Exterior Walls

    Brick / HardiPlankType, Vinyl Siding

  • Roof Type

    Composition Shingles

  • Interior Size (sqft)

    1,808

  • Heating

    Central , Gas

  • Cooling

    Central Air, Electric

  • Building Class

    B

  • Renovated

    Yes

  • Property Manager

    Hemlane

Blockchain

  • Identifier

    REALTOKEN-S-7913-FAITH-LN-MONTGOMERY-AL

  • Total Tokens

    6200

Gnosis Chain

Ethereum

Test Renovation content!

Offering Details

  • Offering Date

    November 17, 2023

  • Issuer

    RealToken International 7913 Faith Ln Inc

  • Min. Investment Amount

    $52.10

  • Max. Investment Amount

    $323,020.00

  • Amount Raised

    $323,020.00

  • Offering Percent (of Total Tokens)

    100.00%

About the Property

7913 Faith

7913 Faith is a charming single-family residence in the heart of Montgomery’s picturesque Ryan Ridge neighborhood. Completely renovated and fully equipped with central heating and cooling, this lovely 3-bedroom, 2-bathroom home was built in 2017. It has 1,808 square feet of living area, on a large 6,499 lot, and the master suite enjoys a spacious walk-in shower and a separate soaking tub for relaxation, as well as a large walk-in closet for plenty of storage and organization space.

This home features a welcoming open floor plan that makes the home feel broad, maximizing space and natural light and providing an ideal mood for both peaceful relaxation and vibrant entertaining. The modern and renovated island kitchen is well-equipped and opens freely to the dining area, making it an excellent setting for family meals.

RealT continues to grow in concentric circles to maximize economies of scale in Alabama! This property is our new addition in Montgomery, the home of 8034 Faith, 8106 Faith, and 5733 Neely, all of which were sourced by Roofstock for the RealT community. This proven strategy allows us to optimize maintenance costs and collectively enhance property values, just as we have done in Michigan.

This property presents an attractive expected rental income of 7.35% for investors, and was acquired at the good price of $285,000. Its listing price includes a $3,000 renovation budget for deferred maintenance intended to ensure returns for years to come.

Map

Property Records

Please sign in to view property records. Sign In >

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 00:00 UTC

    RealT has sold 416 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].