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8366 Schaefer Hwy, Detroit, MI 48228

View Smart Contracts: Eth xDai

Total Investment: $ 308,640.00

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


    Not including capital appreciation

  • Rent per Token

    $ 5.98 / year
  • Rent Start Date

    September 8, 2021
  • Token Price

    $ 51.44
  • 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

    Multi Family
  • Full Address

    8366 Schaefer Hwy, Detroit, MI 48228
  • Neighborhood

  • Construction Year

  • Total Units

    6 Units
  • Bedroom/Bath

    6x1 Bed / 6x1 Bath
  • Rental Type

  • Rented?

    Fully Rented
  • Rent Subsidy?


Property Financials

  • Gross Rent / year

    $ 46,800.00
  • Gross Rent / month

    $ 3,900.00
  • Monthly Costs

    - $ 910.00
    • Property Management (8.00%)
      - $ 312.00
    • RealT Platform (2.00%)
      - $ 78.00
    • Maintenance Expenses
      - $ 100.00
    • Property Taxes
      - $ 260.00
    • Insurance
      - $ 160.00
  • Net Rent / month

    $ 2,990.00
  • Net Rent / year

    $ 35,880.00
  • Total Investment

    $ 308,640.00
    • Underlying Asset Price
      $ 260,000.00
    • Operating Expense Reimbursement (10%)
      $ 30,866.67
    • Initial Maintenance Reserve
      $ 7,800.00
    • Initial Renovation Reserve
      $ 10,000.00
    • Unrounded Listing Price
      $ 308,666.67
    • Rounding Difference
      - $ 26.67
  • Expected Income


    Not including capital appreciation

Property Details

  • Parking

    6 (on the back)
  • Interior Size (sqft)

  • Renovated


Test Renovation content!

Offering Details

  • Offering Date

    September 8, 2021
  • Issuer

  • Min. Investment Amount

  • Max. Investment Amount

  • Amount Raised

  • Offering Percent (of Total Tokens)


About the Property

Does “Schaefer Highway” sound familiar? It should! Way back in April 2020, RealT offered the beaufiful 8342 Schaefer as one of our first multi-family properties. Now we’ve gone back for more with 8366 Schaefer right next door!

This new multi-family offers six units in one story, along with green space and a hedge along the property line. Owning and managing two adjacent properties like this creates economies of scale that reduce costs — sidewalks can be managed together, parking shared, snow removal services combined, and more. And lower costs often mean higher yields!

We’re very happy to be able to offer such an attractive investment right next to one of our favorite early properties. We hope you’re excited to join us!


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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