1 / 6
0score
$2,490,000
MLS
Street view13855 Coldwater Dr
Carmel IN 46032 · Single Family · built 2003
5 bd5 ba8,123 sqft$307/sqft vs ZIP $233 +32%
0.16 lender DSCR (est.)
Rent covers the estimated payment 0.16× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,670/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)
$2,490,000List price
$2,670Rent estimate / mo
0.16Lender DSCR (est.)
$29,880Taxes / yr · assumed 1.2%
$233ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,670 |
| − Mortgage (P&I) | −$13,058 |
| − Taxes | −$2,490 |
| − Insurance | −$1,038 |
| − HOA | −$100 |
| = Cash flow before vacancy & repairs | $-14,015 |
The numbers
- Price
- $2,490,000
- $ / sq ft
- $307 ZIP median $233
- Rent estimate
- $2,670/mo HUD fair-market rent
- Property taxes
- $29,880/yr assumed 1.2% of price
- PITIA (assumed)
- $16,685/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $100/mo
- Lender DSCR (est.)
- 0.16 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 5 / 5
- Living area
- 8,123 sq ft
- Lot
- 39,204 sq ft
- Year built
- 2003
- Property type
- Single Family
- HOA
- $100/mo
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22131004
- Listed
- Oct 14, 2026
- Days on market
- 19
- Listing agent
- Keith Buckley · F.C. Tucker Company - Zionsville
3176912893 · kbuckleyhomes@gmail.com - Price history
- First asked $2,490,000
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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.