MMX Group/124 White Oak Dr N, New Caney, TX 77357
Flip73.3%
HM→DSCR1.075x
Cash→DSCR1.075x
New Deal

124 White Oak Dr N, New Caney, TX 77357

3bd / 2ba · 1,688 sqft · built 1964 · Single Family (SFR)Analyzed May 27, 2026
Flip ROI
73.3%
PASS
+$21,626 profit
6-mo hold · profit ÷ cash out
DSCR — 75% LTV
1.075x
FAIL
cash-out refi · NOI / debt service
DSCR — No Cash-Out
1.134x
FAIL
71.1% LTV · HML payoff refi
Max Bid @ 20%
$107,649
PASS
✓ offer $93,000 under max
Total Invested
$22,703
down + points + costs + holding, pre-refi
Cash Left in Deal
$13,636
after HM → DSCR cash-out refi
Value Generated
$69,000
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
PASSES FLIP
Min 20% ROI · 6-mo hold
73.3%
Flip ROI
Cash to First Close
$11,800
what you bring day 1
Net Profit
$21,626
Max Bid @ 20%
$107,649
$21,626 profit  ÷  $29,509 total invested  =  73.3%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$163,350
Purchase (95% LTV)
$88,350
Rehab (100%)
$75,000
Loan-to-ARV
68.9%
Monthly Interest
$1,360/mo
Down Payment5% of $93,000 purchase
$4,650
+
Origination Fee1 pts on $163,350 loan
$2,500
+
Closing Costs5% of purchase
$4,650
=
Cash to First Close
$11,800
Holding Period — 6 Months
HML Interest9.99% IO · $1,360/mo × 6$8,159
Property Taxes$202/mo × 6$1,210
Insurance$140/mo × 6$840
Total Holding Costs$10,209
Contingency Reserve10% of rehab — held, not at first close$7,500
Sale Event — Second Close
Sale Price (ARV)
$237,000
HML Principal Payofffull IO loan balance
$163,350
Closing Costs3.5% of sale price
$8,295
Realtor Commission6% of sale price
$14,220
=
Net Proceeds to You
$51,135
Deal Summary
Net Proceeds at Closing
$51,135
Cash to First Close
$11,800
Holding Costs (6 mo)
$10,209
Contingency Reserve
$7,500
=
NET PROFIT
$21,626
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$110,398✓ ok
15%$109,014✓ ok
20%$107,649✓ ok
25%$106,303✓ ok
30%$104,977✓ ok
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
1.075x
DSCR
Monthly Cash Flow
$89/mo
Cash-on-Cash Yr 1
7.8%
$13,636 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$163,350
Purchase (95% LTV)
$88,350
Rehab (100%)
$75,000
Loan-to-ARV
68.9%
Monthly Interest
$1,360/mo
Down Payment5% of $93,000 purchase
$4,650
+
Origination Fee1 pts on $163,350 loan
$2,500
+
Closing Costs5% of purchase
$4,650
=
Cash to First Close
$11,800
Holding Period — 2 Months
HML Interest9.99% IO · $1,360/mo × 2$2,720
Property Taxes$202/mo × 2$403
Insurance$140/mo × 2$280
Total Holding Costs$3,403
Contingency Reserve10% of rehab — held, not at first close$7,500
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$177,750
HML Principal Payofffull IO loan balance
$163,350
Origination Fee1 pts on $177,750
$1,778
Closing Coststitle / appraisal / escrow
$3,555
=
Cash Back to You
+$9,068
Deal Summary
Cash to First Close
$11,800
+
Holding Costs (2 mo)
$3,403
+
Contingency Reserve
$7,500
Cash Back at Refi
−$9,068
=
Capital Left in Deal
$13,636
Equity Position — Day 1 Post-Refi
ARV
$237,000
DSCR Loan Balance
$177,750
=
Equity in Property
$59,250 (25.0%)
Capital Left in Deal
$13,636
=
Value Created
$45,614
$59,250 equity on $13,636 deployed = 4.3× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,847
Property Taxes
$202
Insurance
$140
Maintenance (6% rent)
$111
Management (6% rent)
$111
=
OpEx Subtotal
$563
=
Net Operating Income
$1,284
DSCR P&I
$1,195/mo
=
Net Cash Flow
$89/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$177,750
Monthly P&I$1,195/mo
Net Cash Flow$89/mo
Cash Back at Refi+$9,068
DSCR
1.075x✗ Fail
Lender DSCR
1.202x✓ Pass
No Cash-Out
71.1% LTV — breakeven refi
Loan Amount$168,402
Monthly P&I$1,132/mo
Net Cash Flow$152/mo
Cash Back at Refi+$0
DSCR
1.134x✗ Fail
Lender DSCR
1.254x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,746/mo✓ met
1.10x$1,881/mo+$34 needed
1.20x$2,017/mo+$170 needed
1.30x$2,153/mo+$306 needed
1.40x$2,289/mo+$442 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
1.075x
DSCR
Monthly Cash Flow
$89/mo
Cash-on-Cash Yr 1
12.7%
$8,416 left in deal
Acquisition Event — First Close
Purchase Price
$93,000
+
Rehab Budget
$75,000
+
Closing Costs5% of purchase
$4,650
=
Total Cash to First Close
$172,650
Holding Period — 2 Months
Property Taxes$202/mo × 2$403
Insurance$140/mo × 2$280
Total Holding Costs$683
Contingency Reserve10% of rehab — held, not at first close$7,500
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$177,750
Origination Fee1 pts on $177,750
$1,778
Closing Coststitle / appraisal / escrow
$3,555
=
Net Cash Recovered
$172,418
Deal Summary
Total Cash to First Close
$172,650
+
Holding Costs (2 mo)
$683
+
Contingency Reserve
$7,500
Net Cash Recovered at Refi
$172,418
=
Capital Left in Deal
$8,416
Equity Position — Day 1 Post-Refi
ARV
$237,000
DSCR Loan Balance
$177,750
=
Equity in Property
$59,250 (25.0%)
Capital Left in Deal
$8,416
=
Value Created
$50,834
$59,250 equity on $8,416 deployed = 7.0× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,847
Property Taxes
$202
Insurance
$140
Maintenance (6% rent)
$111
Management (6% rent)
$111
=
OpEx Subtotal
$563
=
Net Operating Income
$1,284
DSCR P&I
$1,195/mo
=
Net Cash Flow
$89/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$177,750
Monthly P&I$1,195/mo
Net Cash Flow$89/mo
Cash Still Required−$8,416
DSCR
1.075x✗ Fail
Lender DSCR
1.202x✓ Pass
No Cash-Out
75.0% LTV — capped short $8,416
Loan Amount$177,750
Monthly P&I$1,195/mo
Net Cash Flow$89/mo
Cash Still Required−$8,416
DSCR
1.075x✗ Fail
Lender DSCR
1.202x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,746/mo✓ met
1.10x$1,881/mo+$34 needed
1.20x$2,017/mo+$170 needed
1.30x$2,153/mo+$306 needed
1.40x$2,289/mo+$442 needed
30-Year Hold Projection
Click to expand
DSCR loan $177,750 @ 7.1% · 3% rent growth · Via Hard Money · Via All Cash (same DSCR loan)