16188 Cheyenne Street

Detroit, United States of America

Properties > 16188 Cheyenne Street
FUNDING TARGET
$76,500
INVESTMENT TERM
4 years
EST. ANNUAL RETURN
10.09%
100% FUNDED
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Description

Single-family, 2 bedroom 1.5 bathroom home was originally constructed in 1929 and recently renovated. The property offers a spacious 140.7m2 of living space over two floors and has a large basement.

In addition, the property comes complete with a built-in fireplace in the living room, forced air heating and central cooling offering a warm, comfortable environment in the winter and cool, fresh space in the summer.


About the area

Detroit is the largest city in the Midwestern state of Michigan. Near Downtown, the neoclassical Detroit Institute of Arts is famed for the Detroit Industry Murals painted by Diego Rivera, and inspired by the city’s ties to the auto industry, giving it the nickname "Motor City."

Detroit is also the birthplace of Motown Records, whose chart-topping history is on display at their original headquarters in Hitsville, U.S.A.

Investment Timeline
  • Funding started
    21st Aug. 2020
  • Funding complete
    28th Aug. 2020
  • Rental starts
    1st Oct. 2020
  • Returns start
    1st Nov. 2020
  • Year 1 returns
    1st Nov. 2021
  • Year 2 returns
    1st Nov. 2022
  • Year 3 returns
    1st Nov. 2023
  • Year 4 returns
    1st Nov. 2024
  • Property sold


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