MMX Group/10702 Sagewillow Ln, Houston, TX 77089
Flip13.1%
HM→DSCR0.835x
Cash→DSCR0.835x
New Deal

10702 Sagewillow Ln, Houston, TX 77089

3bd / 2ba · 2,016 sqft · built 1974 · Single Family (SFR)Analyzed Jul 15, 2026
Flip ROI
13.1%
FAIL
+$4,861 profit
6-mo hold · profit ÷ cash out
DSCR — 75% LTV
0.835x
FAIL
cash-out refi · NOI / debt service
DSCR — No Cash-Out
0.835x
FAIL
75.0% LTV · capped, short $5,802
Max Bid @ 20%
$168,274
FAIL
✗ $1,725 over max
Total Invested
$28,028
down + points + costs + holding, pre-refi
Cash Left in Deal
$33,830
after HM → DSCR cash-out refi
Value Generated
$59,001
ARV − purchase − rehab (instant equity)
Starting Equity %
25.0%
ARV − DSCR loan ÷ ARV, day 1 post-refi
$
$
$
$
$
$
Scenario 1 — Flip
Hard money loan · sell at ARV after rehab
FAILS FLIP
Min 20% ROI · 6-mo hold
13.1%
Flip ROI
Cash to First Close
$19,500
what you bring day 1
Net Profit
$4,861
Max Bid @ 20%
$168,274
$4,861 profit  ÷  $37,085 total invested  =  13.1%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$201,499
Purchase (95% LTV)
$161,499
Rehab (100%)
$40,000
Loan-to-ARV
74.9%
Monthly Interest
$1,677/mo
Down Payment5% of $169,999 purchase
$8,500
+
Origination Fee1 pts on $201,499 loan
$2,500
+
Closing Costs5% of purchase
$8,500
=
Cash to First Close
$19,500
Holding Period — 6 Months
HML Interest9.99% IO · $1,677/mo × 6$10,065
Property Taxes$412/mo × 6$2,471
Insurance$175/mo × 6$1,050
Total Holding Costs$13,585
Contingency Reserve10% of rehab — held, not at first close$4,000
Sale Event — Second Close
Sale Price (ARV)
$269,000
HML Principal Payofffull IO loan balance
$201,499
Closing Costs3.5% of sale price
$9,415
Realtor Commission6% of sale price
$16,140
=
Net Proceeds to You
$41,946
Deal Summary
Net Proceeds at Closing
$41,946
Cash to First Close
$19,500
Holding Costs (6 mo)
$13,585
Contingency Reserve
$4,000
=
NET PROFIT
$4,861
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$171,493✓ ok
15%$169,872−$127
20%$168,274−$1,725
25%$166,698−$3,301
30%$165,144−$4,855
Scenario 2 — HM→DSCR
Hard money @ 9.99% IO → DSCR refi · 75% ARV · 7.1% / 30yr
FAILS DSCR
Min 1.30x · 7.1% / 30-yr DSCR · 75% of ARV
0.835x
DSCR
Monthly Cash Flow
−$223/mo
Cash-on-Cash Yr 1
-7.9%
$33,830 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$201,499
Purchase (95% LTV)
$161,499
Rehab (100%)
$40,000
Loan-to-ARV
74.9%
Monthly Interest
$1,677/mo
Down Payment5% of $169,999 purchase
$8,500
+
Origination Fee1 pts on $201,499 loan
$2,500
+
Closing Costs5% of purchase
$8,500
=
Cash to First Close
$19,500
Holding Period — 2 Months
HML Interest9.99% IO · $1,677/mo × 2$3,355
Property Taxes$412/mo × 2$824
Insurance$175/mo × 2$350
Total Holding Costs$4,528
Contingency Reserve10% of rehab — held, not at first close$4,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$201,750
HML Principal Payofffull IO loan balance
$201,499
Origination Fee1 pts on $201,750
$2,018
Closing Coststitle / appraisal / escrow
$4,035
=
Cash to Bring to Close
−$5,802
Deal Summary
Cash to First Close
$19,500
+
Holding Costs (2 mo)
$4,528
+
Contingency Reserve
$4,000
Cash to Bring at Refi
+$5,802
=
Capital Left in Deal
$33,830
Equity Position — Day 1 Post-Refi
ARV
$269,000
DSCR Loan Balance
$201,750
=
Equity in Property
$67,250 (25.0%)
Capital Left in Deal
$33,830
=
Value Created
$33,420
$67,250 equity on $33,830 deployed = 2.0× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,954
Property Taxes
$412
Insurance
$175
Maintenance (6% rent)
$117
Management (6% rent)
$117
=
OpEx Subtotal
$821
=
Net Operating Income
$1,133
DSCR P&I
$1,356/mo
=
Net Cash Flow
−$223/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$201,750
Monthly P&I$1,356/mo
Net Cash Flow−$223/mo
Cash Still Required−$5,802
DSCR
0.835x✗ Fail
Lender DSCR
1.006x✓ Pass
No Cash-Out
75.0% LTV — capped short $5,802
Loan Amount$201,750
Monthly P&I$1,356/mo
Net Cash Flow−$223/mo
Cash Still Required−$5,802
DSCR
0.835x✗ Fail
Lender DSCR
1.006x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$2,207/mo+$253 needed
1.10x$2,362/mo+$408 needed
1.20x$2,516/mo+$562 needed
1.30x$2,670/mo+$716 needed
1.40x$2,824/mo+$870 needed
Scenario 3 — Cash→DSCR
All-cash purchase → DSCR refi · 75% ARV · 7.1% / 30yr
FAILS DSCR
Min 1.30x · 7.1% / 30-yr DSCR · 75% of ARV
0.835x
DSCR
Monthly Cash Flow
−$223/mo
Cash-on-Cash Yr 1
-9.6%
$27,975 left in deal
Acquisition Event — First Close
Purchase Price
$169,999
+
Rehab Budget
$40,000
+
Closing Costs5% of purchase
$8,500
=
Total Cash to First Close
$218,499
Holding Period — 2 Months
Property Taxes$412/mo × 2$824
Insurance$175/mo × 2$350
Total Holding Costs$1,173
Contingency Reserve10% of rehab — held, not at first close$4,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$201,750
Origination Fee1 pts on $201,750
$2,018
Closing Coststitle / appraisal / escrow
$4,035
=
Net Cash Recovered
$195,698
Deal Summary
Total Cash to First Close
$218,499
+
Holding Costs (2 mo)
$1,173
+
Contingency Reserve
$4,000
Net Cash Recovered at Refi
$195,698
=
Capital Left in Deal
$27,975
Equity Position — Day 1 Post-Refi
ARV
$269,000
DSCR Loan Balance
$201,750
=
Equity in Property
$67,250 (25.0%)
Capital Left in Deal
$27,975
=
Value Created
$39,275
$67,250 equity on $27,975 deployed = 2.4× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,954
Property Taxes
$412
Insurance
$175
Maintenance (6% rent)
$117
Management (6% rent)
$117
=
OpEx Subtotal
$821
=
Net Operating Income
$1,133
DSCR P&I
$1,356/mo
=
Net Cash Flow
−$223/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$201,750
Monthly P&I$1,356/mo
Net Cash Flow−$223/mo
Cash Still Required−$27,975
DSCR
0.835x✗ Fail
Lender DSCR
1.006x✓ Pass
No Cash-Out
75.0% LTV — capped short $27,975
Loan Amount$201,750
Monthly P&I$1,356/mo
Net Cash Flow−$223/mo
Cash Still Required−$27,975
DSCR
0.835x✗ Fail
Lender DSCR
1.006x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$2,207/mo+$253 needed
1.10x$2,362/mo+$408 needed
1.20x$2,516/mo+$562 needed
1.30x$2,670/mo+$716 needed
1.40x$2,824/mo+$870 needed
30-Year Hold Projection
Click to expand
DSCR loan $201,750 @ 7.1% · 3% rent growth · Via Hard Money · Via All Cash (same DSCR loan)