1 / 6
60score
↓ $8,000
$103,000
MLS
Street view1012 W 32nd St
Indianapolis IN 46208 · Single Family · built 1920
2 bd1 ba1,502 sqft$69/sqft vs ZIP $126 −46%
1.36 lender DSCR (est.)
Rent covers the estimated payment 1.36× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,075/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes from the county assessor. Assumptions as of 2026-09-12.
DSCR 1.3646% under ZIP $/sqftverify conditionprice cut 8%
The underwriting
The numbers (estimates, illustrative)
$103,000List price
$1,075Rent estimate / mo
1.36Lender DSCR (est.)
$2,464Taxes / yr · county assessor
$126ZIP median $ / sqft
60/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,075 |
| − Mortgage (P&I) | −$540 |
| − Taxes | −$205 |
| − Insurance | −$43 |
| = Cash flow before vacancy & repairs | $287 |
The numbers
- Price
- $103,000
- $ / sq ft
- $69 ZIP median $126
- Rent estimate
- $1,075/mo ZIP + bedroom comps
- Property taxes
- $2,464/yr 2% cap on assessed value $123,200
- PITIA (assumed)
- $788/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.36 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 60/100 DSCR 1.36 · 46% under ZIP $/sqft · verify condition · price cut 8%
The property
- Beds / baths
- 2 / 1
- Living area
- 1,502 sq ft
- Lot
- 5,227 sq ft
- Year built
- 1920
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22114355
- Listed
- Jul 15, 2026
- Days on market
- 94
- Listing agent
- Karanjod Cheema · Rize Commercial Realty LLC
3176579985 · karancheemaindy@gmail.com - Price history
- First asked $111,000 · previously $108,000 cut $8,000
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All figures are illustrative estimates from the list price, public records, rent comps / HUD fair-market rent and assumed financing (75% LTV, ~7.5%, 30 yr, as of 2026-09-12). Not verified, not an offer, not investment advice. Triad Global, LLC is a real-estate investor, not a licensed brokerage. Listing data from public sources; verify everything before you bid. Equal Housing Opportunity.