Indy Cash Flow Reality Check Which Numbers Matter and Which Ones Don’t
Indy deals cash flow when the boring numbers work and most listings fluff the wrong ones. Trust in place rent from signed leases or HUD fair rent comps and ignore pro forma rent bumps and future refi stories. Use price plus rehab then check rent minus PITI minus management minus maintenance and vacancy and see if you still clear a few hundred a month. Taxes in Indy reset after purchase so underwritten tax estimates matter more than last year bill and insurance has jumped so use a real quote not a guess. Today you can pull actual rents from similar blocks and call the county assessor to sanity check post sale taxes. What price rent and rehab are you seeing and is the rent already in place or projected.