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0score
$438,000
MLS
Street view14579 Elsmere Ln
Carmel IN 46074 · Townhouse · built 2025
3 bd3 ba1,980 sqft$221/sqft vs ZIP $210 +5%
0.71 lender DSCR (est.)
Rent covers the estimated payment 0.71× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $2,219/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)
$438,000List price
$2,219Rent estimate / mo
0.71Lender DSCR (est.)
$7,804Taxes / yr · county assessor
$210ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,219 |
| − Mortgage (P&I) | −$2,297 |
| − Taxes | −$650 |
| − Insurance | −$183 |
| = Cash flow before vacancy & repairs | $-911 |
The numbers
- Price
- $438,000
- $ / sq ft
- $221 ZIP median $210
- Rent estimate
- $2,219/mo HUD fair-market rent
- Property taxes
- $7,804/yr 2% cap on assessed value $390,200
- PITIA (assumed)
- $3,130/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.71 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 3 / 3
- Living area
- 1,980 sq ft
- Lot
- 2,614 sq ft
- Year built
- 2025
- Property type
- Townhouse
- HOA
- None on record
- Flood zone
- X
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22102290
- Listed
- May 16, 2026
- Days on market
- 142
- Listing agent
- Landon Buesching · 1 Percent Lists Indiana Real Estate
2605736316 · landon.buesching@exprealty.com - Price history
- First asked $438,000
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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.