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9576 Robson St, Detroit, MI 48227

View Smart Contracts: Eth Gnosis

Total Investment: $ 69,759.00

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

    9.09%

    Not including capital appreciation

  • Income per Token

    $ 4.60 / year
  • Income Start Date

    June 1, 2024
  • Token Price

    $ 50.55
  • Total Tokens

    1,380

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

    9576 Robson St, Detroit, MI 48227
  • Country

    USA
  • Source

    RealT
  • Neighborhood

    Plymouth-Hubbell
  • 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

    - $ 436.50
    • Property Management (8.00%)
      - $ 77.20
    • RealT Platform (2.00%)
      - $ 19.30
    • Maintenance Expenses
      - $ 120.00
    • Property Taxes
      - $ 140.00
    • Insurance
      - $ 80.00
    • Utilities
      Tenant-paid
  • Net Rent / month

    $ 528.50
  • Net Rent / year

    $ 6,342.00
  • Total Investment

    $ 69,759.00
    • Underlying Asset Price
      $ 48,000.00
    • Sourcing Fee (10%)
      $ 6,975.90
    • Initial Maintenance Reserve
      $ 1,930.00
    • Initial Renovation Reserve
      $ 10,000.00
    • Administrative Fees
      $ 2,500.00
    • Miscellaneous Costs
      $ 350.00
    • Unrounded Listing Price
      $ 69,755.90
    • Rounding Difference
      $ 3.10
  • Expected Income

    9.09%

    Not including capital appreciation

Property Details

  • Lot Size (sqft)

    4,356
  • Foundation

    Masonry
  • Exterior Walls

    Brick
  • Roof Type

    Asphalt
  • Interior Size (sqft)

    861
  • Heating

    Gas / Forced Air w/ Ducts
  • Cooling

    None
  • Building Class

    C

Blockchain

  • Identifier

    REALTOKEN-S-9576-ROBSON-ST-DETROIT-MI
  • Total Tokens

    1380

Gnosis Chain

Ethereum

Test Renovation content!

Offering Details

  • Incorporation Date

    April 8, 2024
  • Offering Date

    April 8, 2024
  • Issuer

    RealToken International 9576 Robson St Inc
  • Min. Investment Amount

    $50.55
  • Max. Investment Amount

    $69,759.00
  • Amount Raised

    $69,759.00
  • Offering Percent (of Total Tokens)

    100.00%

About the Property

Reinvestment with Potential

Introducing your reinvestment opportunity: 9576 Robson, a single-family bungalow in the Plymouth-Hubbell neighborhood with 3 bedrooms and 1 bathroom. The front porch is set to undergo a complete transformation, enhancing its value and appeal. Residents enjoy ample outdoor space on the spacious 4,356-square-foot lot,, and its convenient location near Bethany Baptist Church, the Doan Playground, and the Mallett Playground, makes Robson an ideal family-friendly property.

Classic “Americana” Neighborhood

Plymouth-Hubbell grew out of America’s post-World War II boom era, with nearly 90 percent of its real estate constructed between 1940 and 1969. Strolling through its streets, one is transported to a historic era reminiscent of classic Americana. The neighborhood’s eclectic mix of home styles adds to its unique character, providing residents with a diverse and vibrant community atmosphere. Conveniently situated off the I-96 Express, residents enjoy easy access to the surrounding metro Detroit area, enhancing the neighborhood’s appeal.

Smart Reinvesting

Token-holders can anticipate an expected income of 9.09% from Robson. Acquired for a bargain price of $48,000, Robson presents a smart investment opportunity, and with a renovation budget of $10,000 designated for improvements, this residence is on track for significant appreciation in value. Its strategic location near other RealT properties, including 9943 Marlowe (our first tokenized property!), 14918 Joy, 14745 Plymouth, and 11401 Winthrop., emphasizes RealT’s commitment to maximizing cost efficiency and economies-of-scale. Robson’s renovation potential and strategic location make it an excellent reinvestment opportunity.

Map

Property Records

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Why Detroit?

INVEST RIGHT

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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