Likely sold or withdrawnWe last saw this listing 65 days ago. It may no longer be available — treat these numbers as a reference and confirm with the listing agent before acting.
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2 BED SINGLE-FAMILY HOMEListed 108d ago
Strong return buy-to-let
2004 N Dexter St, Indianapolis, IN 46202 · 1,710 sqft · $41/sqft
Monthly profit +$336/mo from completion — the no.1 reason to invest
18.70% return before costs — above-market
Why to be cautious
No rent comparables — estimate is a rule-of-thumb fallback, not market data. Verify the rent locally before offering.
Property research tool — not a regulated financial service. Numbers are point-in-time estimates; how we decide →
Monthly cashflow
+$336/mo
Pays you every month, net of costs
Price
$70K
No local sold comps to compare
Return · IRR
—
Not modelled
Cash to get in
$61K
Deposit + fees + refurb
Return before costson price18.70%5-yr return on cash 30%Rent est. $1,091 ($966–$1,232)
How we define each return:On price — gross yield = annual rent ÷ purchase price.On cost — net yield ÷ total project cost (price + refurb + fees).On cash — cash-on-cash & ROI ÷ the actual cash you put in (deposit + costs).
Listing seen …
What-if calculator
Edit any input — outputs recalc live
Buy-to-Let. Standard rental on an Assured Shorthold Tenancy. Single household, market rent, paid monthly direct to landlord (or via agent). (hover any strategy tab for pros + cons)
Offer ($)
Monthly rent ($)
Local comp range: $966–$1,232/mo · n=14
Financing
DepositYour cash in — the rest is the mortgage25% · $17,500
5%100% (cash buy)
Standard 75% LTV for rental
Mortgage rate5y fixed7.0%
3.0%9.0%
5-year fixed (market average) — 7.00% (as of 2026-05).
Mortgage term (years)
Stress rate8.0%
5.0%9.0%
Fed base + 2pp stress (8.0%)
Acquisition costs
Refurb ($)
Capped at 60% of $70,000 asking ($42,000). Raw model: $74,190–$138,880. Verify with a surveyor before offering.
Legal + survey ($)
Standard house — $1,100 legal + $600 survey
Mortgage fees ($)
2% product fee on $52,500 loan + $1,000 booking fee
Running costs
Management10%
0%20%
Typical rental agency rate
Void weeks
Typical voids for rental
Insurance ($/mo)
Typical building+landlord cover for sub-$200K
Maintenance ($/mo)
Default $67/mo — type unknown
Result · Rent it out
Monthly profit
+$336
after mortgage, operating costs & tax
Rent in$1,091/mo
$1,049Collected
$1,049/mo actually reaches you — the other $42 is lost to voids: the weeks a rental sits empty between tenants, when no rent comes in.
Where it goes
$349Mortgage$406Costs$336Your profit
$336/mo left as profit · 32% of rent kept
Mortgage$349
Costs$406
Management$109
Maintenance$67
Insurance$20
CapEx reserve$55
Voids + council tax$5
Ltd co. accounts$104
Tax—
Profit+$336
Returns
Return before costson price18.70%
Cash returnon cash6.60%
Gross margin$643
Cash needed$61,075
Monthly profit payback15y 2m
Data confidence
Lender stress test
Rent-covers-mortgage check1.39
Rent-covers-mortgage check PASS (target 1.00)
Year-by-year Monthly profit (5-yr horizon)
Net Monthly profit after tax. Rent + costs compound at their growth rates; mortgage principal amortises year-by-year for repayment loans.
Mortgage paydownRent profitbefore price growth
Full year-by-year breakdown
Year
Gross Rent
Op Costs
Mortgage
Equity Built
Tax
Net
Cumulative
Year 1
$13,092
$4,869
$4,191
$0
$766
$3,265
$3,265
Year 2
$13,485
$5,015
$4,191
$0
$813
$3,465
$6,730
Year 3
$13,889
$5,166
$4,191
$0
$861
$3,671
$10,401
Year 4
$14,306
$5,321
$4,191
$0
$911
$3,883
$14,284
Year 5
$14,735
$5,481
$4,191
$0
$962
$4,101
$18,385
Year 5 disposal
Disposal gain (gross)-$39,746
CGT$0
Net Disposal proceeds$75,354
What we verified
What we verified
2 total · click to expand
20002 ok · 0 caution · 0 fail · 0 unknown
Investor
Tenant profileMixed demand
Tenant profilelikely cohort2 bed
Primary profile
Mixed demand
Nearest university
for student-let assessment
University of Glasgow · 5982.6 km
Reason
Mixed-demand area without a single dominant tenant cohort. Local lettings agent can clarify.
Likely sold or withdrawnWe last saw this listing 65 days ago. It may no longer be available — treat these numbers as a reference and confirm with the listing agent before acting.
85/100
Strong
Real 18.70% — fundamentals work.
Monthly profit+$336/mo at 25% deposit @ 5.5%
18.70% Return before costs — above-market
Monthly cashflow
+$336/mo
Pays you every month, net of costs
Price
$70K
No local sold comps to compare
Return · IRR
—
Not modelled
Cash to get in
$61K
Deposit + fees + refurb
Return before costson price18.70%5-yr return on cash 30%Rent est. $1,091 ($966–$1,232)
Bedrooms
2
1 bath
Run the numbers
Each tab prefills
What-if calculator
Edit any input — outputs recalc live
Buy-to-Let. Standard rental on an Assured Shorthold Tenancy. Single household, market rent, paid monthly direct to landlord (or via agent). (hover any strategy tab for pros + cons)
Offer ($)
Monthly rent ($)
Local comp range: $966–$1,232/mo · n=14
Financing
DepositYour cash in — the rest is the mortgage25% · $17,500
5%100% (cash buy)
Standard 75% LTV for rental
Mortgage rate5y fixed7.0%
3.0%9.0%
5-year fixed (market average) — 7.00% (as of 2026-05).
Mortgage term (years)
Stress rate8.0%
5.0%9.0%
Fed base + 2pp stress (8.0%)
Acquisition costs
Refurb ($)
Capped at 60% of $70,000 asking ($42,000). Raw model: $74,190–$138,880. Verify with a surveyor before offering.
Legal + survey ($)
Standard house — $1,100 legal + $600 survey
Mortgage fees ($)
2% product fee on $52,500 loan + $1,000 booking fee
Running costs
Management10%
0%20%
Typical rental agency rate
Void weeks
Typical voids for rental
Insurance ($/mo)
Typical building+landlord cover for sub-$200K
Maintenance ($/mo)
Default $67/mo — type unknown
Result · Rent it out
Monthly profit
+$336
after mortgage, operating costs & tax
Rent in$1,091/mo
$1,049Collected
$1,049/mo actually reaches you — the other $42 is lost to voids: the weeks a rental sits empty between tenants, when no rent comes in.
Where it goes
$349Mortgage$406Costs$336Your profit
$336/mo left as profit · 32% of rent kept
Mortgage$349
Costs$406
Management$109
Maintenance$67
Insurance$20
CapEx reserve$55
Voids + council tax$5
Ltd co. accounts$104
Tax—
Profit+$336
Returns
Return before costson price18.70%
Cash returnon cash6.60%
Gross margin$643
Cash needed$61,075
Monthly profit payback15y 2m
Data confidence
Lender stress test
Rent-covers-mortgage check1.39
Rent-covers-mortgage check PASS (target 1.00)
Year-by-year Monthly profit (5-yr horizon)
Net Monthly profit after tax. Rent + costs compound at their growth rates; mortgage principal amortises year-by-year for repayment loans.
Mortgage paydownRent profitbefore price growth
Full year-by-year breakdown
Year
Gross Rent
Op Costs
Mortgage
Equity Built
Tax
Net
Cumulative
Year 1
$13,092
$4,869
$4,191
$0
$766
$3,265
$3,265
Year 2
$13,485
$5,015
$4,191
$0
$813
$3,465
$6,730
Year 3
$13,889
$5,166
$4,191
$0
$861
$3,671
$10,401
Year 4
$14,306
$5,321
$4,191
$0
$911
$3,883
$14,284
Year 5
$14,735
$5,481
$4,191
$0
$962
$4,101
$18,385
What we verified
3 total
2100
Building condition1▾
Refurb costBased on beds + baths + sqftEstimate available
Investor profile2▾
Tenant profileBeds + postcode heuristicFamily let
Rent by the room feasibilityMin 3 beds for C4 routeBelow threshold
Comparables
sold within 0.5 mi
Location & transport
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PropertySchoolsUniversitiesStations
Transport detail not loaded for this property.
Acquisition costs
$61K
25% deposit$17,500
Refurb$42,000
Legal + survey$1,700
Mortgage + broker$2,050
Cash needed$61,075
Green = verified data. Amber = market typical. Red = our estimate — verify before offering.
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Sources: Zillow · County records · GreatSchools Estimates not financial advice