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2score
New Construction
$409,995
MLS
Street view14549 Elsmere Ln
Carmel IN 46074 · Condo · built 2025
4 bd3 ba1,980 sqft$207/sqft vs ZIP $210 −1%
0.92 lender DSCR (est.)
Rent covers the estimated payment 0.92× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,724/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)
$409,995List price
$2,724Rent estimate / mo
0.92Lender DSCR (est.)
$4,920Taxes / yr · assumed 1.2%
$210ZIP median $ / sqft
2/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,724 |
| − Mortgage (P&I) | −$2,150 |
| − Taxes | −$410 |
| − Insurance | −$171 |
| − HOA | −$231 |
| = Cash flow before vacancy & repairs | $-238 |
The numbers
- Price
- $409,995
- $ / sq ft
- $207 ZIP median $210
- Rent estimate
- $2,724/mo HUD fair-market rent
- Property taxes
- $4,920/yr assumed 1.2% of price
- PITIA (assumed)
- $2,962/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $231/mo
- Lender DSCR (est.)
- 0.92 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 2/100
The property
- Beds / baths
- 4 / 3
- Living area
- 1,980 sq ft
- Lot
- 1,742 sq ft
- Year built
- 2025
- Property type
- Condo
- HOA
- $231/mo
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- New Construction
- MLS #
- 22101105
- Listed
- Sep 6, 2026
- Days on market
- 29
- Listing agent
- Tajwer Osmani · Tajwer Osmani
3178502494 · tajwer2@yahoo.com - Price history
- First asked $409,995
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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.