Street view of 11938 Eastwick Cir
1 / 6
8score
New
$1,350,000
MLS Street view
Search photos

11938 Eastwick Cir

Carmel IN 46033 · Single Family · built 2005
5 bd4.5 ba6,894 sqft$196/sqft vs ZIP $202 −3%
0.29 lender DSCR (est.)
Rent covers the estimated payment 0.29× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $2,694/mo (HUD fair-market rent) ÷ 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.

new this week
The underwriting

The numbers (estimates, illustrative)

$1,350,000List price
$2,694Rent estimate / mo
0.29Lender DSCR (est.)
$19,574Taxes / yr · county assessor
$202ZIP median $ / sqft
8/100Deal Score

Monthly picture (illustrative)

Rent est.$2,694
− Mortgage (P&I)−$7,080
− Taxes−$1,631
− Insurance−$563
− HOA−$67
= Cash flow before vacancy & repairs$-6,646

The numbers

Price
$1,350,000
$ / sq ft
$196 ZIP median $202
Rent estimate
$2,694/mo HUD fair-market rent
Property taxes
$19,574/yr 2% cap on assessed value $978,700
PITIA (assumed)
$9,340/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $67/mo
Lender DSCR (est.)
0.29 rent ÷ PITIA · lender floor 1.20
Deal Score
8/100 new this week

The property

Beds / baths
5 / 4.5
Living area
6,894 sq ft
Lot
16,553 sq ft
Year built
2005
Property type
Single Family
HOA
$67/mo
Flood zone
X
Registered rental
No

The listing

Source
Standard
MLS #
22133575
Listed
Oct 31, 2026
Days on market
3
Listing agent
Trisha Marrs · TLM Realty, LLC
3173852226 · tmarrs@c21scheetz.com
Price history
First asked $1,350,000
Keep looking

Similar deals nearby

Ask Triad about this deal

Want a second opinion, a walkthrough, or an offer strategy?

We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.

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.

AnalyzeAsk Triad