1 / 6
0score
$580,000
MLS
Street view12881 Deer Bank Rd
Fishers IN 46037 · Single Family · built 2021
3 bd2.5 ba2,436 sqft$238/sqft vs ZIP $175 +36%
0.54 lender DSCR (est.)
Rent covers the estimated payment 0.54× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,130/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.
The underwriting
The numbers (estimates, illustrative)
$580,000List price
$2,130Rent estimate / mo
0.54Lender DSCR (est.)
$6,960Taxes / yr · assumed 1.2%
$175ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,130 |
| − Mortgage (P&I) | −$3,042 |
| − Taxes | −$580 |
| − Insurance | −$242 |
| − HOA | −$65 |
| = Cash flow before vacancy & repairs | $-1,798 |
The numbers
- Price
- $580,000
- $ / sq ft
- $238 ZIP median $175
- Rent estimate
- $2,130/mo HUD fair-market rent
- Property taxes
- $6,960/yr assumed 1.2% of price
- PITIA (assumed)
- $3,928/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $65/mo
- Lender DSCR (est.)
- 0.54 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 2.5
- Living area
- 2,436 sq ft
- Lot
- 20,038 sq ft
- Year built
- 2021
- Property type
- Single Family
- HOA
- $65/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22126909
- Listed
- Sep 18, 2026
- Days on market
- 17
- Listing agent
- Nathan Elkins · eXp Realty, LLC
9496066719 · nathan_e1@yahoo.com - Price history
- First asked $580,000
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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.