11239 Fall Dr Indianapolis, IN 46229
3bd, 2ba | 1,248sqft | Built in 1999
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Initial Investment
$34,744
List Price: $127,500
Purchase Price
$127,500
Down Payment
25%
Rent
$1,300

Total Return
$20,708
Annualized Return
11.1%
Cap Rate
7.4%
Gross Yield
12.2%
Cash Flow
$2,307
Appreciation
0.9%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
02/13/2018 
Lease End
02/28/2019 
Lot Size
10,934 
HOA
$23/mo
Flood Risk
Not Required
  • Gorgeous recently renovated 3 bedroom 2 bathroom home built in 1999
  • Kitchen, dining room, and bedrooms are in excellent condition with no immediate repair costs
  • Current lease runs through February 2019
  • 7.4% Cap Rate & 3 Star Neighborhood Rating

Annual Financial Highlight
Expected Rent
$14,820
Expenses
-$4,077
Property Taxes
-$2,100
Loan Payments
-$6,337

Net Cash Flow
$2,307
Considerations
Property Characteristics    View Details

Roofstock Guarantee
Our industry-leading guarantee allows you to invest with total confidence, regardless of whether the home is leased or vacant.
  1. All properties come with our 30-day money back guarantee
  2. Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no initial tenant placement and monthly management fees until your property is leased
  • Enjoy peace of mind when you invest with Roofstock.
  • On vacant properties you can count on rent income, even without a tenant in place. You also enjoy potential savings of more than $1000 (based on average lease up and monthly management fee for 45 days) since you pay no initial tenant placement cost and monthly management fees.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.

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