1 / 6
0score
$550,000
MLS
Street view12108 Windsor Dr
Carmel IN 46033 · Single Family · built 1972
4 bd2 ba2,695 sqft$204/sqft vs ZIP $202 +1%
0.68 lender DSCR (est.)
Rent covers the estimated payment 0.68× · 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.
The underwriting
The numbers (estimates, illustrative)
$550,000List price
$2,694Rent estimate / mo
0.68Lender DSCR (est.)
$10,452Taxes / yr · county assessor
$202ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,694 |
| − Mortgage (P&I) | −$2,884 |
| − Taxes | −$871 |
| − Insurance | −$229 |
| = Cash flow before vacancy & repairs | $-1,290 |
The numbers
- Price
- $550,000
- $ / sq ft
- $204 ZIP median $202
- Rent estimate
- $2,694/mo HUD fair-market rent
- Property taxes
- $10,452/yr 2% cap on assessed value $522,600
- PITIA (assumed)
- $3,984/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.68 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 4 / 2
- Living area
- 2,695 sq ft
- Lot
- 16,988 sq ft
- Year built
- 1972
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22131291
- Listed
- Oct 20, 2026
- Days on market
- 14
- Listing agent
- Keith Albrecht · RE/MAX Real Estate Groups
3175809955 · team@keithshomes.com - Price history
- First asked $550,000
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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.