Fractional Real Estate

Garfield Heights Ohio NFT

$50.90 PER SQ. FT.

9.58%

Expected Income

2,150

Total NFTs

$109,435.00 USD

Purchase Price

BUY GARFIELD HEIGHTS NFT
3
Bedrooms
2
Bathrooms
1916
Date Built
NO
Section 8 Home?
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Garfield Heights Ohio NFT

Garfield Heights brims with amenities and attractions! Residents can relish quick bites at nearby Taco Bell, McDonald’s, and Wendy’s. The Dan Kostel Recreation Center offers fantastic fitness and leisure facilities, while the Cleveland Clinic–Marymount Hospital Emergency Department provides top-notch medical care right in the neighborhood Only $50.97USD Become a member and embark on a journey of boundless imagination with our NFTs, a captivating collection that redefines real estate ownership.

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9.58%
Expected Income
$875.00 USD
Monthly Net Rental Income
NO
Rent Subsidy?
$4.88 USD
Income Per NFT

Fully Decentralized NFT Backed By Real Property

Great Opportunity To Earn Capital Gains.

Token Type: Standard Equity
Expected Income: 9.58% ** Not including capital gains**
Income Start Date: September 1, 2024
Income per Token: $4.88 USD per year
Rented? Fully Rented
Rent Subsidy? No
Monthly net rental income: $875.00 USD
Limited availability: 2,150 tokens

Financials

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

Maintenance Expenses
$116.40 USD
Insurance
$90.00 USD
Platform Fee (2.00%)
$29.10 USD
Gross Income / yearly
$17,460.00 USD
Net Income / yearly
$10,014.00 USD
Net Income / monthly
$834.50 USD

Profitability

In this scenario, Mark buys 100 square feet at a price of $50.90 per square foot. Properties are appraised every 2 years.

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Rental Income

$4.88 X 100 = $488.00

$488 / 12= $40.66 Monthly

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Capital Appreciation

$109,435.00 X 9%= $9,849.15

New Value: $119.284.15

New NFT Value: $55.48

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Breakdown

$488 X 2 Years= $976 USD

100 X $55.48= $5,548

$5,548 + $976= $6,524

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Return on Investment

Without managing tenant interactions, rent collections, or maintenance, Mark still managed to earn a 30% return on his investment with minimal effort.

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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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