1 / 6
20score
↓ $5,050
$119,950
MLS
Street view28-30 S Chester St
Indianapolis IN 46201 · Multi-Family · built 1920
1 bd1 ba
1.08 lender DSCR (est.)
Rent covers the estimated payment 1.08× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $865/mo (ZIP + bedroom comps) ÷ 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.
price cut 4%
The underwriting
The numbers (estimates, illustrative)
$119,950List price
$865Rent estimate / mo
1.08Lender DSCR (est.)
$1,439Taxes / yr · assumed 1.2%
$141ZIP median $ / sqft
20/100Deal Score
Monthly picture (illustrative)
| Rent est. | $865 |
| − Mortgage (P&I) | −$629 |
| − Taxes | −$120 |
| − Insurance | −$50 |
| = Cash flow before vacancy & repairs | $66 |
The numbers
- Price
- $119,950
- $ / sq ft
- —
- Rent estimate
- $865/mo ZIP + bedroom comps
- Property taxes
- $1,439/yr assumed 1.2% of price
- PITIA (assumed)
- $799/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 1.08 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 20/100 price cut 4%
The property
- Beds / baths
- 1 / 1
- Living area
- —
- Lot
- 6,098 sq ft
- Year built
- 1920
- Property type
- Multi-Family
- HOA
- None on record
- Flood zone
- None (Zone X)
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22124392
- Listed
- Sep 4, 2026
- Days on market
- 43
- Listing agent
- Stuart Houghton · Keller Williams Indy Metro S
8155573253 · sthoughton91@gmail.com - Price history
- First asked $125,000 · previously $125,000 cut $5,050
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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.