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5score
New
$400,000
MLS
Street view11346 Wood Creek Dr
Carmel IN 46033 · Single Family · built 1984
3 bd2 ba1,600 sqft$250/sqft vs ZIP $202 +24%
0.83 lender DSCR (est.)
Rent covers the estimated payment 0.83× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,212/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes assumed at 1.2% of price. Assumptions as of 2026-09-12.
new this week
The underwriting
The numbers (estimates, illustrative)
$400,000List price
$2,212Rent estimate / mo
0.83Lender DSCR (est.)
$4,800Taxes / yr · assumed 1.2%
$202ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,212 |
| − Mortgage (P&I) | −$2,098 |
| − Taxes | −$400 |
| − Insurance | −$167 |
| − HOA | −$10 |
| = Cash flow before vacancy & repairs | $-462 |
The numbers
- Price
- $400,000
- $ / sq ft
- $250 ZIP median $202
- Rent estimate
- $2,212/mo HUD fair-market rent
- Property taxes
- $4,800/yr assumed 1.2% of price
- PITIA (assumed)
- $2,674/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $10/mo
- Lender DSCR (est.)
- 0.83 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 new this week
The property
- Beds / baths
- 3 / 2
- Living area
- 1,600 sq ft
- Lot
- 19,166 sq ft
- Year built
- 1984
- Property type
- Single Family
- HOA
- $10/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22106674
- Listed
- Oct 29, 2026
- Days on market
- 3
- Listing agent
- Josh Martin · Real Broker, LLC
3174370662 · movingwithmartin@gmail.com - Price history
- First asked $400,000
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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.