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45score
$140,000
MLS
Street view1845 W Wilkins St
Indianapolis IN 46221 · Single Family · built 1920
3 bd1 ba855 sqft$164/sqft vs ZIP $147 +11%
1.74 lender DSCR (est.)
Rent covers the estimated payment 1.74× · walk-away floor 1.20 · high confidence
How we compute this
Rent est. $1,725/mo (ZIP + bedroom comps) ÷ 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.
DSCR 1.74
The underwriting
The numbers (estimates, illustrative)
$140,000List price
$1,725Rent estimate / mo
1.74Lender DSCR (est.)
$2,364Taxes / yr · county assessor
$147ZIP median $ / sqft
45/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,725 |
| − Mortgage (P&I) | −$734 |
| − Taxes | −$197 |
| − Insurance | −$58 |
| = Cash flow before vacancy & repairs | $735 |
The numbers
- Price
- $140,000
- $ / sq ft
- $164 ZIP median $147
- Rent estimate
- $1,725/mo ZIP + bedroom comps
- Property taxes
- $2,364/yr 2% cap on assessed value $118,200
- PITIA (assumed)
- $990/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.74 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 45/100 DSCR 1.74
The property
- Beds / baths
- 3 / 1
- Living area
- 855 sq ft
- Lot
- 6,098 sq ft
- Year built
- 1920
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22081855
- Listed
- Jan 28, 2026
- Days on market
- 262
- Listing agent
- Tom Colvin · Exp Realty, LLC
3179022315 · newindyhome@gmail.com - Price history
- First asked $140,000
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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.