End-of-year promotion: Close on any Roofstock property by December 31, 2017 and receive a 100% credit of your marketplace fee. Terms and conditions apply.
Credit applies only to Certified and Roofstock Rack Properties with offers accepted after November 13, 2017 and that close by December 31, 2017. Credit will be paid at closing.
3905 Ireland Dr Indianapolis, IN 46235
3bd, 2ba | 1,064sqft | Built in 2002
Roofstock Certified 
The Roofstock Certification Process:
  1. A property inspection conducted by an experienced national inspection firm
  2. Property valuation and rental market analysis to ensure properties are priced fairly
  3. An estimate of the cost of major repairs
  4. Preliminary title report with no uninsurable encumbrances or liens and preliminary title commitments, where applicable
  5. Review and summarize key lease terms including monthly rent, lease-end date, security deposit, and utility responsibility
  6. Review tenant payment history to determine that they have adhered to the lease with timely payments
  7. Home disclosure reports that summarize any local risks including natural hazards and local crime rates
  8. Certified property managers, vetted by Roofstock, that are experts in the local area
  • Property Valuation:
    $68,000 - $96,000
  • Estimated Market Rent: $900
  • Inspection Report:
    Inspection: Interior & Exterior
    Estimated Repairs: $70
  • Title: Clearance at Closing
  • Lease Started
    06/13/2016
  • Lease Ends
    06/30/2018
  • Rent Status
    Current
  • Lot Size
    5,619
  • HOA
    None
  • Flood Risk
    Not Required
    Flood insurance policy is not required. For additional information click here.
Cash Only

Certified Property Managers

View Details
Initial Investment
This is the estimated amount of capital needed to purchase the property. This amount includes: your down payment, loan & acquisition fees, and closing costs.

Down Payment: $85,000
Closing Costs, etc.: $1,275
$86,275
  • Current Rent | Market Rent
    Rent currently being paid for this property. To view Market Rent based on third party rent forecasts for this property, select Market Rent from the menu at the top.
    $0.75/sqft
    $800
  • Appreciation
    Annual appreciation percentage is adjusted based on the selection in Financial Details section.
    0.9%
  • Cap Rate | Gross Yield
    Capitalization rate is the percentage return calculated by dividing net operating cash flow in Year 1 by the property purchase price. Your net operating cash flow excludes your loan costs.
    5.9%
  • Cash Flow | Cash on Cash
    First year net cash flow received after all operating expenses, capital expenditures, property taxes and debt payments. Assuming 5% vacancy and debt payments based on the lending assumptions selected.
    $5,032
Est. Total Cash Return
Is the sum of your estimated (i) annual net operating cash flows over 5 years plus (ii) property net sale proceeds minus your initial investment and outstanding loan balance.
in 5 Years
$26,710
IRR
A measure of annualized net return on an equity investment. Equals the discount rate at which the sum of the present value of all cash flows is zero. Calculation is based on actual and budgeted values.
in 5 Years
-
Calculation will trigger automatically when price entered is greater than 50% of the list price.
List Price: $85,000
 
Price
Adjust the proposed purchase price to see impact on the financial metrics.
$85,000
Down Payment
Portion of the property price at the time of purchase when using leverage, or full purchase price when buy all cash.
100%
Loan Interest Rate
The loan interest rate of 0.000% is based on 0% or lower loan to home value for a 30 year loan.
5.000%

Estimated Total Gain
Is the cumulative sum of your estimated (i) annual net operating cash flows, (ii) property appreciation, and (iii) equity balance increase (excluding your initial investment) at a point in time. Unlike the Estimated Total Cash Return, Total Gain does not assume asset disposition and is only representative of potential gain during the holding period.

How it works

Check out a step-by-step overview of our investment process.
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Lease and Tenant Summary

Property Management Options

Investment Terms