MMX Group/306 Oak St, Brazoria, TX 77422
Flip145.8%
HM→DSCR0.624x
Cash→DSCR0.624x
New Deal

306 Oak St, Brazoria, TX 77422

5bd / 2ba · 1,100 sqft · built 1960 · Single Family (SFR)Analyzed Jun 17, 2026
Flip ROI
145.8%
PASS
+$31,522 profit
6-mo hold · profit ÷ cash out
DSCR — 75% LTV
0.624x
FAIL
cash-out refi · NOI / debt service
DSCR — No Cash-Out
0.774x
FAIL
60.5% LTV · HML payoff refi
Max Bid @ 20%
$65,361
PASS
✓ offer $39,999 under max
Total Invested
$15,538
down + points + costs + holding, pre-refi
Cash Out at Refi
$7,956
after HM → DSCR cash-out refi
Value Generated
$67,001
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
PASSES FLIP
Min 20% ROI · 6-mo hold
145.8%
Flip ROI
Cash to First Close
$6,500
what you bring day 1
Net Profit
$31,522
Max Bid @ 20%
$65,361
$31,522 profit  ÷  $21,614 total invested  =  145.8%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$97,999
Purchase (95% LTV)
$37,999
Rehab (100%)
$60,000
Loan-to-ARV
58.7%
Monthly Interest
$816/mo
Down Payment5% of $39,999 purchase
$2,000
+
Origination Fee1 pts on $97,999 loan
$2,500
+
Closing Costs5% of purchase
$2,000
=
Cash to First Close
$6,500
Holding Period — 6 Months
HML Interest9.99% IO · $816/mo × 6$4,895
Property Taxes$620/mo × 6$3,719
Insurance$83/mo × 6$500
Total Holding Costs$9,114
Contingency Reserve10% of rehab — held, not at first close$6,000
Sale Event — Second Close
Sale Price (ARV)
$167,000
HML Principal Payofffull IO loan balance
$97,999
Closing Costs3.5% of sale price
$5,845
Realtor Commission6% of sale price
$10,020
=
Net Proceeds to You
$53,136
Deal Summary
Net Proceeds at Closing
$53,136
Cash to First Close
$6,500
Holding Costs (6 mo)
$9,114
Contingency Reserve
$6,000
=
NET PROFIT
$31,522
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$67,507✓ ok
15%$66,426✓ ok
20%$65,361✓ ok
25%$64,311✓ ok
30%$63,276✓ 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
0.624x
DSCR
Monthly Cash Flow
−$316/mo
Cash-on-Cash Yr 1
N/A
−$7,956 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$97,999
Purchase (95% LTV)
$37,999
Rehab (100%)
$60,000
Loan-to-ARV
58.7%
Monthly Interest
$816/mo
Down Payment5% of $39,999 purchase
$2,000
+
Origination Fee1 pts on $97,999 loan
$2,500
+
Closing Costs5% of purchase
$2,000
=
Cash to First Close
$6,500
Holding Period — 2 Months
HML Interest9.99% IO · $816/mo × 2$1,632
Property Taxes$620/mo × 2$1,240
Insurance$83/mo × 2$167
Total Holding Costs$3,038
Contingency Reserve10% of rehab — held, not at first close$6,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$125,250
HML Principal Payofffull IO loan balance
$97,999
Origination Fee1 pts on $125,250
$1,253
Closing Coststitle / appraisal / escrow
$2,505
=
Cash Back to You
+$23,493
Deal Summary
Cash to First Close
$6,500
+
Holding Costs (2 mo)
$3,038
+
Contingency Reserve
$6,000
Cash Back at Refi
−$23,493
=
Capital Left in Deal
−$7,956
Equity Position — Day 1 Post-Refi
ARV
$167,000
DSCR Loan Balance
$125,250
=
Equity in Property
$41,750 (25.0%)
Capital Left in Deal
−$7,956
=
Value Created
$49,706
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,396
Property Taxes
$620
Insurance
$83
Maintenance (6% rent)
$84
Management (6% rent)
$84
=
OpEx Subtotal
$871
=
Net Operating Income
$525
DSCR P&I
$842/mo
=
Net Cash Flow
−$316/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$125,250
Monthly P&I$842/mo
Net Cash Flow−$316/mo
Cash Back at Refi+$23,493
DSCR
0.624x✗ Fail
Lender DSCR
0.904x✗ Fail
No Cash-Out
60.5% LTV — breakeven refi
Loan Amount$101,030
Monthly P&I$679/mo
Net Cash Flow−$154/mo
Cash Back at Refi+$0
DSCR
0.774x✗ Fail
Lender DSCR
1.010x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,756/mo+$360 needed
1.10x$1,851/mo+$455 needed
1.20x$1,947/mo+$551 needed
1.30x$2,043/mo+$647 needed
1.40x$2,138/mo+$742 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
0.624x
DSCR
Monthly Cash Flow
−$316/mo
Cash-on-Cash Yr 1
N/A
−$12,087 left in deal
Acquisition Event — First Close
Purchase Price
$39,999
+
Rehab Budget
$60,000
+
Closing Costs5% of purchase
$2,000
=
Total Cash to First Close
$101,999
Holding Period — 2 Months
Property Taxes$620/mo × 2$1,240
Insurance$83/mo × 2$167
Total Holding Costs$1,406
Contingency Reserve10% of rehab — held, not at first close$6,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$125,250
Origination Fee1 pts on $125,250
$1,253
Closing Coststitle / appraisal / escrow
$2,505
=
Net Cash Recovered
$121,493
Deal Summary
Total Cash to First Close
$101,999
+
Holding Costs (2 mo)
$1,406
+
Contingency Reserve
$6,000
Net Cash Recovered at Refi
$121,493
=
Capital Left in Deal
−$12,087
Equity Position — Day 1 Post-Refi
ARV
$167,000
DSCR Loan Balance
$125,250
=
Equity in Property
$41,750 (25.0%)
Capital Left in Deal
−$12,087
=
Value Created
$53,837
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,396
Property Taxes
$620
Insurance
$83
Maintenance (6% rent)
$84
Management (6% rent)
$84
=
OpEx Subtotal
$871
=
Net Operating Income
$525
DSCR P&I
$842/mo
=
Net Cash Flow
−$316/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$125,250
Monthly P&I$842/mo
Net Cash Flow−$316/mo
Cash Back at Refi+$12,087
DSCR
0.624x✗ Fail
Lender DSCR
0.904x✗ Fail
No Cash-Out
67.5% LTV — breakeven refi
Loan Amount$112,789
Monthly P&I$758/mo
Net Cash Flow−$233/mo
Cash Back at Refi+$0
DSCR
0.693x✗ Fail
Lender DSCR
0.955x✗ Fail
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,756/mo+$360 needed
1.10x$1,851/mo+$455 needed
1.20x$1,947/mo+$551 needed
1.30x$2,043/mo+$647 needed
1.40x$2,138/mo+$742 needed
30-Year Hold Projection
Click to expand
DSCR loan $125,250 @ 7.1% · 3% rent growth · Via Hard Money · Via All Cash (same DSCR loan)