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8106 Faith Ct, Montgomery, AL 36117

View Smart Contracts: Eth Gnosis

Total Investment: $ 316,932.00

Reg S: Non-U.S. Only

This property is not available for purchase in your area.

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Roofstock Property!

RealT is proud to offer you this new, Class B single-family residence in collaboration with our partner, Roofstock!

Roofstock is a leading real estate investing platform for the $4 trillion single-family rental home sector. They provide extensive resources for investors to actively participate in the SFR space, including data analytics, connections to property management companies and contractors, and other management tools. Founded in 2015, Roofstock has facilitated more than $5 billion in investment transactions to date.

Property Highlights

  • Expected Income

    7.22%

    Not including capital appreciation

  • Income per Token

    $ 3.47 / year
  • Income Start Date

    July 15, 2023
  • Token Price

    $ 48.02
  • Total Tokens

    6,600

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

    8106 Faith Ct, Montgomery, AL 36117
  • Country

    USA
  • Source

    RealT
  • Neighborhood

    Ryan Ridge
  • Construction Year

    2018
  • Bedroom/Bath

    3 Beds / 2 Baths
  • Rental Type

    Long-term
  • Rented?

    Fully Rented
  • Rent Subsidy?

    No

Property Financials

  • Gross Rent / year

    $ 30,600.00
  • Gross Rent / month

    $ 2,550.00
  • Monthly Costs

    - $ 643.00
    • Property Management (8.00%)
      - $ 204.00
    • RealT Platform (2.00%)
      - $ 51.00
    • Maintenance Expenses
      - $ 220.00
    • Property Taxes
      - $ 101.00
    • Insurance
      - $ 67.00
    • Utilities
      Tenant-paid
  • Net Rent / month

    $ 1,907.00
  • Net Rent / year

    $ 22,884.00
  • Total Investment

    $ 316,932.00
    • Underlying Asset Price
      $ 280,000.00
    • Sourcing Fee (8%)
      $ 25,356.52
    • Initial Maintenance Reserve
      $ 5,100.00
    • Initial Renovation Reserve
      $ 5,000.00
    • Administrative Fees
      $ 1,500.00
    • Unrounded Listing Price
      $ 316,956.52
    • Rounding Difference
      - $ 24.52
  • Expected Income

    7.22%

    Not including capital appreciation

Property Details

  • Lot Size (sqft)

    7,841
  • Foundation

    Slab
  • Exterior Walls

    Brick / Vinyl Siding
  • Roof Type

    Composition Shingles
  • Interior Size (sqft)

    1,908
  • Heating

    Heat Pump / Gas
  • Cooling

    Heat Pump
  • Building Class

    B
  • Renovated

    Yes
  • Property Manager

    Hemlane

Blockchain

  • Identifier

    REALTOKEN-S-8106-FAITH-CT-MONTGOMERY-AL
  • Total Tokens

    6600

Gnosis Chain

Ethereum

Test Renovation content!

Offering Details

  • Offering Date

    June 15, 2023
  • Issuer

    RealToken International 8106 Faith Ct Inc
  • Min. Investment Amount

    $48.02
  • Max. Investment Amount

    $316,932.00
  • Amount Raised

    $316,932.00
  • Offering Percent (of Total Tokens)

    100.00%

About the Property

8106 Faith Ct

Sweet Home Alabama! Welcome to 8106 Faith Ct, a single-family home that radiates security and tranquility, nestled in a cul-de-sac of the sought-after Ryan Ridge neighborhood of Montgomery, Alabama. Ryan Ridge entices with its diverse range of charming designs, various sizes, and affordable rates, attracting young professionals and families alike. The growing demand for housing is fueling substantial capital appreciation, positioning the area strategically.

8106 Faith boasts 1,908 square feet of living space and a generous 7,841 square foot lot. Constructed in 2018, this energy-efficient residence offers two bathrooms, three spacious bedrooms, hardwood tile, and carpet flooring, a fully equipped kitchen, a laundry room, a bathtub, separate showers, and more, providing a comfortable living environment.

With a $5,000 renovation budget and an anticipated rental income of $2,550, this property presents an enticing projected rental income of 7.22%, ensuring attractive returns for investors. Residents will relish easy access to restaurants, retail malls, schools, and recreational amenities, enhancing the home’s marketability.

The vibrant local economy of Ryan Ridge thrives in sectors such as government, healthcare, education, manufacturing, and the military, further amplifying the investment potential of properties in the area.

Map

Property Records

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Why Montgomery?

Invest Right

Montgomery is a city with a captivating historical vibe, being a key spot in the Civil Rights Movement. The second-largest city in Alabama, Montgomery is also a significant hub for students, with over 11,400 enrolled at local universities, all of whom contribute to the substantial renter population. In addition, Montgomery has been experiencing notable population growth, and wages have increased by 14%, with a 2% increase annually. The local military base, Maxwell Air Force Base, also brings a reliable flow of potential renters.

This city’s tourism and hospitality industries offer diverse real estate investment opportunities, generating over $1.9 million in daily revenue from visitors. Montgomery stands not only as a city with a rich past but also as an evolving market for real estate investment.

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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