IMAnalyze a Property
← Back to Deal Finder

Lakewood Terrace

6200 Lakewood Dr, Indianapolis, IN 46220

Units72
Year built2008
Asking price$7,200,000
Price / unit$100,000
Data sourceMANUAL
46
IMF Deal Score
Elevated Risk
Data Confidence: 7.5/10

Operating snapshot (as reported, before your assumptions)

Gross scheduled income$864,000
Other income$30,000
Vacancy5.5%
Effective gross income$846,480
Operating expenses$360,000
Expense ratio43%
Net operating income$486,480
Going-in cap rate6.8%

Model this deal

Adjust financing and growth assumptions below. Changes affect only your analysis — the underlying listing is never modified.

Assumptions

Adjust any input — results update instantly.

Property
Financing
Growth
46
IMF Deal Score
Elevated Risk

Informational only — not a recommendation to buy or sell. Data Confidence is shown separately below.

Cap Rate6.8%
Cash-on-Cash4.8%
DSCR1.27
Debt Yield9.7%
NOI$486,480
Annual Cash Flow$104,205
Monthly Debt Service$31,856
Break-even Occupancy83%
Price / Unit$100,000
Loan Amount$5,040,000
Down Payment$2,160,000
Effective Gross Income$846,480

Score breakdown

Financial Return16.7 / 35

Cap rate 6.8% and cash-on-cash 4.8%.

Debt Resilience10.8 / 25

DSCR 1.27, debt yield 9.7%, break-even occupancy 83%.

Market Fundamentals10.8 / 20

Indianapolis, IN: rent growth 3.0%, vacancy 6.5%, job growth 1.5%.

Acquisition Basis0.4 / 10

$100,000/unit vs market median $88,000 (+14%).

Data Confidence7.5 / 10

Source MANUAL, 100% of key fields present, financials unverified.

5-year projection

YearNOICash Flow
Year 1$486,480$104,205
Year 2$502,874$120,600
Year 3$519,806$137,531
Year 4$537,291$155,016
Year 5$555,348$173,073