Indianapolis Rent Estimate

[David Rohrer]

Hi everyone!

I just got my offer accepted on my first rental property! With all that is happening right now, I'm looking at reducing my down payment, so I need to go over my numbers again. I have estimated being able to get at least $1,750 per month on a fully redone 4 bed 2 bath home by East 70th Street and Keystone in Indianapolis. Some new rentals have popped up around it that are less than that, but are not redone and not as many rooms/baths. Would some of you be willing to look at that area and tell me if $1,750 is a bad estimate and why?

Thank you!