1 / 6
0score
$2,095,000
MLS
Street view545 2nd Ave NE
Carmel IN 46032 · Single Family · built 2018
6 bd4.5 ba5,024 sqft$417/sqft vs ZIP $233 +79%
0.20 lender DSCR (est.)
Rent covers the estimated payment 0.20× · walk-away floor 1.20 · low confidence
How we compute this
Rent est. $2,748/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.
The underwriting
The numbers (estimates, illustrative)
$2,095,000List price
$2,748Rent estimate / mo
0.20Lender DSCR (est.)
$25,140Taxes / yr · assumed 1.2%
$233ZIP median $ / sqft
0/100Deal Score
Monthly picture (illustrative)
| Rent est. | $2,748 |
| − Mortgage (P&I) | −$10,986 |
| − Taxes | −$2,095 |
| − Insurance | −$873 |
| = Cash flow before vacancy & repairs | $-11,206 |
The numbers
- Price
- $2,095,000
- $ / sq ft
- $417 ZIP median $233
- Rent estimate
- $2,748/mo HUD fair-market rent
- Property taxes
- $25,140/yr assumed 1.2% of price
- PITIA (assumed)
- $13,954/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
- Lender DSCR (est.)
- 0.20 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 0/100
The property
- Beds / baths
- 6 / 4.5
- Living area
- 5,024 sq ft
- Lot
- 7,405 sq ft
- Year built
- 2018
- Property type
- Single Family
- HOA
- None on record
- Flood zone
- —
- Registered rental
- —
The listing
- Source
- Standard
- MLS #
- 22125594
- Listed
- Sep 24, 2026
- Days on market
- 11
- Listing agent
- Carrie Holle · Compass of Indiana, LLC
3173392259 · carrie@carriehollegroup.com - Price history
- First asked $2,095,000
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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.