MMX Group/15915 Dante Dr, Houston, TX 77053
Flip42.0%
HM→DSCR1.041x
Cash→DSCR1.041x
New Deal

15915 Dante Dr, Houston, TX 77053

3bd / 3ba · 1,744 sqft · built 1978 · Single Family (SFR)Analyzed May 14, 2026
Flip ROI
42.0%
PASS
+$12,155 profit
6-mo hold · profit ÷ cash out
DSCR — 75% LTV
1.041x
FAIL
cash-out refi · NOI / debt service
DSCR — No Cash-Out
1.054x
FAIL
74.0% LTV · HML payoff refi
Max Bid @ 20%
$146,528
PASS
✓ offer $140,000 under max
Total Invested
$22,315
down + points + costs + holding, pre-refi
Cash Left in Deal
$20,265
after HM → DSCR cash-out refi
Value Generated
$55,000
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
42.0%
Flip ROI
Cash to First Close
$16,500
what you bring day 1
Net Profit
$12,155
Max Bid @ 20%
$146,528
$12,155 profit  ÷  $28,945 total invested  =  42.0%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$158,000
Purchase (95% LTV)
$133,000
Rehab (100%)
$25,000
Loan-to-ARV
71.8%
Monthly Interest
$1,315/mo
Down Payment5% of $140,000 purchase
$7,000
+
Origination Fee1 pts on $158,000 loan
$2,500
+
Closing Costs5% of purchase
$7,000
=
Cash to First Close
$16,500
Holding Period — 6 Months
HML Interest9.99% IO · $1,315/mo × 6$7,892
Property Taxes$205/mo × 6$1,228
Insurance$138/mo × 6$825
Total Holding Costs$9,945
Contingency Reserve10% of rehab — held, not at first close$2,500
Sale Event — Second Close
Sale Price (ARV)
$220,000
HML Principal Payofffull IO loan balance
$158,000
Closing Costs3.5% of sale price
$7,700
Realtor Commission6% of sale price
$13,200
=
Net Proceeds to You
$41,100
Deal Summary
Net Proceeds at Closing
$41,100
Cash to First Close
$16,500
Holding Costs (6 mo)
$9,945
Contingency Reserve
$2,500
=
NET PROFIT
$12,155
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$149,106✓ ok
15%$147,808✓ ok
20%$146,528✓ ok
25%$145,266✓ ok
30%$144,022✓ 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
1.041x
DSCR
Monthly Cash Flow
$45/mo
Cash-on-Cash Yr 1
2.7%
$20,265 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$158,000
Purchase (95% LTV)
$133,000
Rehab (100%)
$25,000
Loan-to-ARV
71.8%
Monthly Interest
$1,315/mo
Down Payment5% of $140,000 purchase
$7,000
+
Origination Fee1 pts on $158,000 loan
$2,500
+
Closing Costs5% of purchase
$7,000
=
Cash to First Close
$16,500
Holding Period — 2 Months
HML Interest9.99% IO · $1,315/mo × 2$2,631
Property Taxes$205/mo × 2$409
Insurance$138/mo × 2$275
Total Holding Costs$3,315
Contingency Reserve10% of rehab — held, not at first close$2,500
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$165,000
HML Principal Payofffull IO loan balance
$158,000
Origination Fee1 pts on $165,000
$1,650
Closing Coststitle / appraisal / escrow
$3,300
=
Cash Back to You
+$2,050
Deal Summary
Cash to First Close
$16,500
+
Holding Costs (2 mo)
$3,315
+
Contingency Reserve
$2,500
Cash Back at Refi
−$2,050
=
Capital Left in Deal
$20,265
Equity Position — Day 1 Post-Refi
ARV
$220,000
DSCR Loan Balance
$165,000
=
Equity in Property
$55,000 (25.0%)
Capital Left in Deal
$20,265
=
Value Created
$34,735
$55,000 equity on $20,265 deployed = 2.7× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,700
Property Taxes
$205
Insurance
$138
Maintenance (6% rent)
$102
Management (6% rent)
$102
=
OpEx Subtotal
$546
=
Net Operating Income
$1,154
DSCR P&I
$1,109/mo
=
Net Cash Flow
$45/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$165,000
Monthly P&I$1,109/mo
Net Cash Flow$45/mo
Cash Back at Refi+$2,050
DSCR
1.041x✗ Fail
Lender DSCR
1.172x✓ Pass
No Cash-Out
74.0% LTV — breakeven refi
Loan Amount$162,887
Monthly P&I$1,095/mo
Net Cash Flow$59/mo
Cash Back at Refi+$0
DSCR
1.054x✗ Fail
Lender DSCR
1.183x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,649/mo✓ met
1.10x$1,775/mo+$75 needed
1.20x$1,901/mo+$201 needed
1.30x$2,027/mo+$327 needed
1.40x$2,153/mo+$453 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
1.041x
DSCR
Monthly Cash Flow
$45/mo
Cash-on-Cash Yr 1
3.6%
$15,134 left in deal
Acquisition Event — First Close
Purchase Price
$140,000
+
Rehab Budget
$25,000
+
Closing Costs5% of purchase
$7,000
=
Total Cash to First Close
$172,000
Holding Period — 2 Months
Property Taxes$205/mo × 2$409
Insurance$138/mo × 2$275
Total Holding Costs$684
Contingency Reserve10% of rehab — held, not at first close$2,500
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$165,000
Origination Fee1 pts on $165,000
$1,650
Closing Coststitle / appraisal / escrow
$3,300
=
Net Cash Recovered
$160,050
Deal Summary
Total Cash to First Close
$172,000
+
Holding Costs (2 mo)
$684
+
Contingency Reserve
$2,500
Net Cash Recovered at Refi
$160,050
=
Capital Left in Deal
$15,134
Equity Position — Day 1 Post-Refi
ARV
$220,000
DSCR Loan Balance
$165,000
=
Equity in Property
$55,000 (25.0%)
Capital Left in Deal
$15,134
=
Value Created
$39,866
$55,000 equity on $15,134 deployed = 3.6× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,700
Property Taxes
$205
Insurance
$138
Maintenance (6% rent)
$102
Management (6% rent)
$102
=
OpEx Subtotal
$546
=
Net Operating Income
$1,154
DSCR P&I
$1,109/mo
=
Net Cash Flow
$45/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$165,000
Monthly P&I$1,109/mo
Net Cash Flow$45/mo
Cash Still Required−$15,134
DSCR
1.041x✗ Fail
Lender DSCR
1.172x✓ Pass
No Cash-Out
75.0% LTV — capped short $15,134
Loan Amount$165,000
Monthly P&I$1,109/mo
Net Cash Flow$45/mo
Cash Still Required−$15,134
DSCR
1.041x✗ Fail
Lender DSCR
1.172x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,649/mo✓ met
1.10x$1,775/mo+$75 needed
1.20x$1,901/mo+$201 needed
1.30x$2,027/mo+$327 needed
1.40x$2,153/mo+$453 needed
30-Year Hold Projection
Click to expand
DSCR loan $165,000 @ 7.1% · 3% rent growth · Via Hard Money · Via All Cash (same DSCR loan)