VaultSTR
Active deal · Validated 2026-10-27

Fountain Square New Build

1518 Spruce St, Indianapolis, IN 46203

4 bd3 baIndianapolis🌶️
Fountain Square New Build property listing photo
Asking price$424,900
Est. annual revenue$44,000
Cash flow / yr($8,147)
Cash-on-cash-9.60%
The VaultSTR readDoesn’t pencil at baseline

Negative cash-on-cash at baseline assumptions. Shown for transparency — if a client asks about this market, this is the number to lead with. Full assumptions in the VaultSTR methodology — or ask the editors about this deal.

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4 bd · sleeps ~8$12,000–$16,000est. furnishing budget
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The numbers

Asking price$424,900
Estimated annual revenue$44,000
Estimated monthly revenue$3,667
Gross yield10.4%
Price-to-revenue multiple9.7×
Estimated cash flow / yr($8,147)
Cash-on-cash return-9.60%

Baseline model: 20% down, current DSCR terms, line-item operating costs and a capex reserve. Availability, price and condition are time-sensitive — re-verify before you offer. This is research, not financial advice.

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