[Deal Analysis] - 4bd/2ba SFH Rental - Indianapolis

[Jonathan Tao]

Hi all - I've been looking to acquire my first rental property and have been looking in Indianapolis for the last few months. I've been focused on this market largely due to its stable cash flow as well as moderate appreciation (know it's not as high growth as others). That being said, I am looking for some help to review my proforma - am I missing anything? If anyone has feedback on this market, would love to get your thoughts. My biggest concern is that prices are just too high for SFH right now and for a market like Indianapolis, I feel like I'm paying top of market; however I'm really itching to just get in and start learning...

Indy Rental Analysis