MMX Group/318 Peacedale Ct, Houston, TX 77015
Flip1.5%
HM→DSCR0.914x
Cash→DSCR0.914x
New Deal

318 Peacedale Ct, Houston, TX 77015

3bd / 2ba · 1,717 sqft · built 1980 · Single Family (SFR)Analyzed May 18, 2026
Flip ROI
1.5%
FAIL
+$504 profit
6-mo hold · profit ÷ cash out
DSCR — 75% LTV
0.914x
FAIL
cash-out refi · NOI / debt service
DSCR — No Cash-Out
0.914x
FAIL
75.0% LTV · capped, short $8,353
Max Bid @ 20%
$135,196
FAIL
✗ $4,754 over max
Total Invested
$25,578
down + points + costs + holding, pre-refi
Cash Left in Deal
$33,930
after HM → DSCR cash-out refi
Value Generated
$50,050
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
1.5%
Flip ROI
Cash to First Close
$16,495
what you bring day 1
Net Profit
$504
Max Bid @ 20%
$135,196
$504 profit  ÷  $33,743 total invested  =  1.5%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$182,953
Purchase (95% LTV)
$132,953
Rehab (100%)
$50,000
Loan-to-ARV
76.2%
Monthly Interest
$1,523/mo
Down Payment5% of $139,950 purchase
$6,998
+
Origination Fee1 pts on $182,953 loan
$2,500
+
Closing Costs5% of purchase
$6,998
=
Cash to First Close
$16,495
Holding Period — 6 Months
HML Interest9.99% IO · $1,523/mo × 6$9,138
Property Taxes$360/mo × 6$2,160
Insurance$158/mo × 6$950
Total Holding Costs$12,248
Contingency Reserve10% of rehab — held, not at first close$5,000
Sale Event — Second Close
Sale Price (ARV)
$240,000
HML Principal Payofffull IO loan balance
$182,953
Closing Costs3.5% of sale price
$8,400
Realtor Commission6% of sale price
$14,400
=
Net Proceeds to You
$34,248
Deal Summary
Net Proceeds at Closing
$34,248
Cash to First Close
$16,495
Holding Costs (6 mo)
$12,248
Contingency Reserve
$5,000
=
NET PROFIT
$504
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$138,060−$1,890
15%$136,618−$3,332
20%$135,196−$4,754
25%$133,795−$6,155
30%$132,413−$7,537
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
0.914x
DSCR
Monthly Cash Flow
−$103/mo
Cash-on-Cash Yr 1
-3.7%
$33,930 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$182,953
Purchase (95% LTV)
$132,953
Rehab (100%)
$50,000
Loan-to-ARV
76.2%
Monthly Interest
$1,523/mo
Down Payment5% of $139,950 purchase
$6,998
+
Origination Fee1 pts on $182,953 loan
$2,500
+
Closing Costs5% of purchase
$6,998
=
Cash to First Close
$16,495
Holding Period — 2 Months
HML Interest9.99% IO · $1,523/mo × 2$3,046
Property Taxes$360/mo × 2$720
Insurance$158/mo × 2$317
Total Holding Costs$4,083
Contingency Reserve10% of rehab — held, not at first close$5,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$180,000
HML Principal Payofffull IO loan balance
$182,953
Origination Fee1 pts on $180,000
$1,800
Closing Coststitle / appraisal / escrow
$3,600
=
Cash to Bring to Close
−$8,353
Deal Summary
Cash to First Close
$16,495
+
Holding Costs (2 mo)
$4,083
+
Contingency Reserve
$5,000
Cash to Bring at Refi
+$8,353
=
Capital Left in Deal
$33,930
Equity Position — Day 1 Post-Refi
ARV
$240,000
DSCR Loan Balance
$180,000
=
Equity in Property
$60,000 (25.0%)
Capital Left in Deal
$33,930
=
Value Created
$26,070
$60,000 equity on $33,930 deployed = 1.8× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,846
Property Taxes
$360
Insurance
$158
Maintenance (6% rent)
$111
Management (6% rent)
$111
=
OpEx Subtotal
$740
=
Net Operating Income
$1,106
DSCR P&I
$1,210/mo
=
Net Cash Flow
−$103/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$180,000
Monthly P&I$1,210/mo
Net Cash Flow−$103/mo
Cash Still Required−$8,353
DSCR
0.914x✗ Fail
Lender DSCR
1.068x✓ Pass
No Cash-Out
75.0% LTV — capped short $8,353
Loan Amount$180,000
Monthly P&I$1,210/mo
Net Cash Flow−$103/mo
Cash Still Required−$8,353
DSCR
0.914x✗ Fail
Lender DSCR
1.068x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,964/mo+$118 needed
1.10x$2,101/mo+$255 needed
1.20x$2,239/mo+$393 needed
1.30x$2,376/mo+$530 needed
1.40x$2,513/mo+$667 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
0.914x
DSCR
Monthly Cash Flow
−$103/mo
Cash-on-Cash Yr 1
-4.4%
$28,384 left in deal
Acquisition Event — First Close
Purchase Price
$139,950
+
Rehab Budget
$50,000
+
Closing Costs5% of purchase
$6,998
=
Total Cash to First Close
$196,948
Holding Period — 2 Months
Property Taxes$360/mo × 2$720
Insurance$158/mo × 2$317
Total Holding Costs$1,037
Contingency Reserve10% of rehab — held, not at first close$5,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$180,000
Origination Fee1 pts on $180,000
$1,800
Closing Coststitle / appraisal / escrow
$3,600
=
Net Cash Recovered
$174,600
Deal Summary
Total Cash to First Close
$196,948
+
Holding Costs (2 mo)
$1,037
+
Contingency Reserve
$5,000
Net Cash Recovered at Refi
$174,600
=
Capital Left in Deal
$28,384
Equity Position — Day 1 Post-Refi
ARV
$240,000
DSCR Loan Balance
$180,000
=
Equity in Property
$60,000 (25.0%)
Capital Left in Deal
$28,384
=
Value Created
$31,616
$60,000 equity on $28,384 deployed = 2.1× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,846
Property Taxes
$360
Insurance
$158
Maintenance (6% rent)
$111
Management (6% rent)
$111
=
OpEx Subtotal
$740
=
Net Operating Income
$1,106
DSCR P&I
$1,210/mo
=
Net Cash Flow
−$103/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$180,000
Monthly P&I$1,210/mo
Net Cash Flow−$103/mo
Cash Still Required−$28,384
DSCR
0.914x✗ Fail
Lender DSCR
1.068x✓ Pass
No Cash-Out
75.0% LTV — capped short $28,384
Loan Amount$180,000
Monthly P&I$1,210/mo
Net Cash Flow−$103/mo
Cash Still Required−$28,384
DSCR
0.914x✗ Fail
Lender DSCR
1.068x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,964/mo+$118 needed
1.10x$2,101/mo+$255 needed
1.20x$2,239/mo+$393 needed
1.30x$2,376/mo+$530 needed
1.40x$2,513/mo+$667 needed
30-Year Hold Projection
Click to expand
DSCR loan $180,000 @ 7.1% · 3% rent growth · Via Hard Money · Via All Cash (same DSCR loan)