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16score
$395,000
MLS
Street view12913 Currier St
Carmel IN 46032 · Townhouse · built 2003
2 bd2.5 ba2,112 sqft$187/sqft vs ZIP $233 −20%
0.49 lender DSCR (est.)
Rent covers the estimated payment 0.49× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,691/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.
20% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$395,000List price
$1,691Rent estimate / mo
0.49Lender DSCR (est.)
$7,340Taxes / yr · county assessor
$233ZIP median $ / sqft
16/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,691 |
| − Mortgage (P&I) | −$2,071 |
| − Taxes | −$612 |
| − Insurance | −$165 |
| − HOA | −$584 |
| = Cash flow before vacancy & repairs | $-1,741 |
The numbers
- Price
- $395,000
- $ / sq ft
- $187 ZIP median $233
- Rent estimate
- $1,691/mo HUD fair-market rent
- Property taxes
- $7,340/yr 2% cap on assessed value $367,000
- PITIA (assumed)
- $3,432/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $584/mo
- Lender DSCR (est.)
- 0.49 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 16/100 20% under ZIP $/sqft
The property
- Beds / baths
- 2 / 2.5
- Living area
- 2,112 sq ft
- Lot
- 1,742 sq ft
- Year built
- 2003
- Property type
- Townhouse
- HOA
- $584/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22130580
- Listed
- Oct 8, 2026
- Days on market
- 25
- Listing agent
- Steve Clark · Compass of Indiana, LLC
3173454582 · steve@steveclarkteam.com - Price history
- First asked $395,000
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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.