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25score
$299,990
MLS
Street view18749 Explanade St
Westfield IN 46074 · Townhouse · built 2021
3 bd2.5 ba1,910 sqft$157/sqft vs ZIP $211 −26%
0.96 lender DSCR (est.)
Rent covers the estimated payment 0.96× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,173/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.
25% under ZIP $/sqft
The underwriting
The numbers (estimates, illustrative)
$299,990List price
$2,173Rent estimate / mo
0.96Lender DSCR (est.)
$3,600Taxes / yr · assumed 1.2%
$211ZIP median $ / sqft
25/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,173 |
| − Mortgage (P&I) | −$1,573 |
| − Taxes | −$300 |
| − Insurance | −$125 |
| − HOA | −$255 |
| = Cash flow before vacancy & repairs | $-80 |
The numbers
- Price
- $299,990
- $ / sq ft
- $157 ZIP median $211
- Rent estimate
- $2,173/mo HUD fair-market rent
- Property taxes
- $3,600/yr assumed 1.2% of price
- PITIA (assumed)
- $2,253/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $255/mo
- Lender DSCR (est.)
- 0.96 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 25/100 25% under ZIP $/sqft
The property
- Beds / baths
- 3 / 2.5
- Living area
- 1,910 sq ft
- Lot
- 2,614 sq ft
- Year built
- 2021
- Property type
- Townhouse
- HOA
- $255/mo
- Flood zone
- X
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22131275
- Listed
- Oct 15, 2026
- Days on market
- 18
- Listing agent
- Jeffrey Cummings · RE/MAX Complete
3173704664 · jcummings@gotocomplete.com - Price history
- First asked $299,990
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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.