1 / 2
30score
Freddie Mac
$186,900
Freddie Mac
Listing photo1828 Fall Run Ct
New Albany IN 47150 · Single Family
3 bd2 ba1,136 sqft$165/sqft
1.29 lender DSCR (est.)
Rent covers the estimated payment 1.29× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $1,600/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.
DSCR 1.29government REO
The underwriting
The numbers (estimates, illustrative)
$186,900List price
$1,600Rent estimate / mo
1.29Lender DSCR (est.)
$2,243Taxes / yr · assumed 1.2%
—ZIP median $ / sqft
30/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,600 |
| − Mortgage (P&I) | −$980 |
| − Taxes | −$187 |
| − Insurance | −$78 |
| = Cash flow before vacancy & repairs | $355 |
The numbers
- Price
- $186,900
- $ / sq ft
- $165
- Rent estimate
- $1,600/mo HUD fair-market rent
- Property taxes
- $2,243/yr assumed 1.2% of price
- PITIA (assumed)
- $1,245/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.29 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 30/100 DSCR 1.29 · government REO
The property
- Beds / baths
- 3 / 2
- Living area
- 1,136 sq ft
- Lot
- —
- Year built
- —
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- No
The listing
- Source
- Freddie Mac HomeSteps
- MLS #
- —
- Listed
- —
- Days on market
- —
- Listing agent
- Freddie Mac (REO)
- Price history
- No changes recorded
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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.