3014 Elysian St, Houston, TX 77009
2bd / 1.5ba · 1,193 sqft · built 1945 · Single Family (SFR)Analyzed Jul 27, 2026$
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Scenario 1 — Flip
Hard money loan · sell at ARV after rehab
✅
PASSES FLIP
Min 20% ROI · 6-mo hold
32.2%
Flip ROI
Cash to First Close
$14,500
what you bring day 1
Net Profit
$10,856
Max Bid @ 20%
$124,343
$10,856 profit ÷ $33,680 total invested = 32.2%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$178,999
Purchase (95% LTV)
$113,999
Rehab (100%)
$65,000
Loan-to-ARV
72.5%
Monthly Interest
$1,490/mo
Down Payment5% of $119,999 purchase
$6,000+
Origination Fee1 pts on $178,999 loan
$2,500+
Closing Costs5% of purchase
$6,000=
Cash to First Close
$14,500Holding Period — 6 Months
HML Interest9.99% IO · $1,490/mo × 6$8,941
Property Taxes$469/mo × 6$2,815
Insurance$154/mo × 6$925
Total Holding Costs$12,680
Contingency Reserve10% of rehab — held, not at first close$6,500
Sale Event — Second Close
Sale Price (ARV)
$247,000−
HML Principal Payofffull IO loan balance
$178,999−
Closing Costs3.5% of sale price
$8,645−
Realtor Commission6% of sale price
$14,820=
Net Proceeds to You
$44,536Deal Summary
Net Proceeds at Closing
$44,536−
Cash to First Close
$14,500−
Holding Costs (6 mo)
$12,680−
Contingency Reserve
$6,500=
NET PROFIT
$10,856Max Bid by ROI Target
| ROI | Max Bid | vs Offer |
|---|---|---|
| 10% | $127,328 | ✓ ok |
| 15% | $125,825 | ✓ ok |
| 20% ← | $124,343 | ✓ ok |
| 25% | $122,882 | ✓ ok |
| 30% | $121,442 | ✓ 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
1.047x
DSCR
Monthly Cash Flow
$59/mo
Cash-on-Cash Yr 1
2.9%
$24,533 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$178,999
Purchase (95% LTV)
$113,999
Rehab (100%)
$65,000
Loan-to-ARV
72.5%
Monthly Interest
$1,490/mo
Down Payment5% of $119,999 purchase
$6,000+
Origination Fee1 pts on $178,999 loan
$2,500+
Closing Costs5% of purchase
$6,000=
Cash to First Close
$14,500Holding Period — 2 Months
HML Interest9.99% IO · $1,490/mo × 2$2,980
Property Taxes$469/mo × 2$938
Insurance$154/mo × 2$308
Total Holding Costs$4,227
Contingency Reserve10% of rehab — held, not at first close$6,500
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$185,250−
HML Principal Payofffull IO loan balance
$178,999−
Origination Fee1 pts on $185,250
$1,853−
Closing Coststitle / appraisal / escrow
$3,705=
Cash Back to You
+$693Deal Summary
Cash to First Close
$14,500+
Holding Costs (2 mo)
$4,227+
Contingency Reserve
$6,500−
Cash Back at Refi
−$693=
Capital Left in Deal
$24,533Equity Position — Day 1 Post-Refi
ARV
$247,000−
DSCR Loan Balance
$185,250=
Equity in Property
$61,750 (25.0%)−
Capital Left in Deal
$24,533=
Value Created
$37,217$61,750 equity on $24,533 deployed = 2.5× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,190−
Property Taxes
$469−
Insurance
$154−
Maintenance (6% rent)
$131−
Management (6% rent)
$131=
OpEx Subtotal
$886=
Net Operating Income
$1,304−
DSCR P&I
$1,245/mo=
Net Cash Flow
$59/moDSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$185,250
Monthly P&I$1,245/mo
Net Cash Flow$59/mo
Cash Back at Refi+$693
DSCR
1.047x✗ Fail
Lender DSCR
1.172x✓ Pass
No Cash-Out
74.7% LTV — breakeven refi
Loan Amount$184,535
Monthly P&I$1,240/mo
Net Cash Flow$64/mo
Cash Back at Refi+$0
DSCR
1.051x✗ Fail
Lender DSCR
1.175x✓ Pass
Required Rent by DSCR Target
| Target | Rent Needed | vs Current |
|---|---|---|
| 1.00x | $2,123/mo | ✓ met |
| 1.10x | $2,264/mo | +$74 needed |
| 1.20x | $2,406/mo | +$216 needed |
| 1.30x ← | $2,547/mo | +$357 needed |
| 1.40x | $2,689/mo | +$499 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
1.047x
DSCR
Monthly Cash Flow
$59/mo
Cash-on-Cash Yr 1
3.7%
$19,053 left in deal
Acquisition Event — First Close
Purchase Price
$119,999+
Rehab Budget
$65,000+
Closing Costs5% of purchase
$6,000=
Total Cash to First Close
$190,999Holding Period — 2 Months
Property Taxes$469/mo × 2$938
Insurance$154/mo × 2$308
Total Holding Costs$1,246
Contingency Reserve10% of rehab — held, not at first close$6,500
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$185,250−
Origination Fee1 pts on $185,250
$1,853−
Closing Coststitle / appraisal / escrow
$3,705=
Net Cash Recovered
$179,693Deal Summary
Total Cash to First Close
$190,999+
Holding Costs (2 mo)
$1,246+
Contingency Reserve
$6,500−
Net Cash Recovered at Refi
$179,693=
Capital Left in Deal
$19,053Equity Position — Day 1 Post-Refi
ARV
$247,000−
DSCR Loan Balance
$185,250=
Equity in Property
$61,750 (25.0%)−
Capital Left in Deal
$19,053=
Value Created
$42,697$61,750 equity on $19,053 deployed = 3.2× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,190−
Property Taxes
$469−
Insurance
$154−
Maintenance (6% rent)
$131−
Management (6% rent)
$131=
OpEx Subtotal
$886=
Net Operating Income
$1,304−
DSCR P&I
$1,245/mo=
Net Cash Flow
$59/moDSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$185,250
Monthly P&I$1,245/mo
Net Cash Flow$59/mo
Cash Still Required−$19,053
DSCR
1.047x✗ Fail
Lender DSCR
1.172x✓ Pass
No Cash-Out
75.0% LTV — capped short $19,053
Loan Amount$185,250
Monthly P&I$1,245/mo
Net Cash Flow$59/mo
Cash Still Required−$19,053
DSCR
1.047x✗ Fail
Lender DSCR
1.172x✓ Pass
Required Rent by DSCR Target
| Target | Rent Needed | vs Current |
|---|---|---|
| 1.00x | $2,123/mo | ✓ met |
| 1.10x | $2,264/mo | +$74 needed |
| 1.20x | $2,406/mo | +$216 needed |
| 1.30x ← | $2,547/mo | +$357 needed |
| 1.40x | $2,689/mo | +$499 needed |