Fractional Real Estate

Houston, TX NFT

$50.05 PER SQ. FT.

8.12%

Expected Income

4,800

Total NFTs

$240,240.00 USD

Purchase Price

BUY GARFIELD HEIGHTS NFT
4
Bedrooms
3.5
Bathrooms
1978
Date Built
NO
Section 8 Home?
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Houston, TX    NFT

This single-family home in Houston, Texas, built in 1978, offers a brick/frame exterior and rests on a slab foundation.

The house spans 2,475 square feet and sits on a 5,884 square-foot lot, providing ample space with 4 bedrooms and 3.5 bathrooms. It features forced air and electric heating, central air conditioning, a front yard, and an attached garage.

Residents can enjoy close proximity to Heritage Park, ideal for walking and family activities. Priced at $240,240, this property presents an investment opportunity with an expected rental yield of 8.12% in a secure neighborhood.

It also includes a $5,000 renovation budget for upgrades, enhancing its attractiveness and value for potential tenants.

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8.12%
Expected Income
$1,625.00 USD
Monthly Net Rental Income
NO
Rent Subsidy?
$4.06 USD
Income Per NFT

Fully Decentralized NFT Backed By Real Property

Great Opportunity To Earn Capital Gains.

Token Type: Standard Equity
Expected Income: 8.12% ** Not including capital gains**
Income Start Date: December  1, 2024
Income per Token: $4.06 USD per year
Rented? Fully Rented
Rent Subsidy? No
Monthly net rental income: $1,625.00 USD
Limited availability: 4,800 tokens

Financials

All amounts are in USD unless stated otherwise. Tenants pay for utilities.

Maintenance Expenses
$208.00 USD
Insurance
$90.00 USD
Platform Fee (2.00%)
$52.00 USD
Property Tax
$0.00 USD
Net Income / yearly
$19,500.00 USD
Net Income / monthly
$1,625.00 USD

Profitability

In this scenario, Mark buys 100 square feet at a price of $50.93 per square foot. Properties are appraised every 2 years.

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Rental Income

$4.24 X 100 = $424.00 USD

$424 / 12= $35.33 Monthly

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Capital Appreciation

$430,867.80 X 12%= $51,704.13

New Value: $482,571.93

New NFT Value: $57.04

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Breakdown

$424 X 2 Years= $848 USD

100 X $57.04= $5,704

$5,704 + $848= $6,552

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HOW DO I RECEIVE MY DEED?

You will get an email from Estate X Change that includes documents for you to sign online. These documents are legal contracts that connect the token to the property and give you detailed information about the legal structure of property ownership.

Once you have signed the contract, you will need to choose how you'd like to receive your rents and tokens in your portfolio - either through Gnosis Chain or Ethereum. If you complete these steps quickly, you could have your first real estate tokens within 24 hours!

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