MMX Group/3310 Cumberland Dr, Missouri City, TX 77459
Flip-9.1%
HM→DSCR0.982x
Cash→DSCR0.982x
New Deal

3310 Cumberland Dr, Missouri City, TX 77459

4bd / 3ba · 3,986 sqft · built 1990 · Single Family (SFR)Analyzed Jul 27, 2026
Flip ROI
-9.1%
FAIL
−$5,122 loss
6-mo hold · profit ÷ cash out
DSCR — 75% LTV
0.982x
FAIL
cash-out refi · NOI / debt service
DSCR — No Cash-Out
0.982x
FAIL
75.0% LTV · capped, short $20,634
Max Bid @ 20%
$265,640
FAIL
✗ $14,359 over max
Total Invested
$42,957
down + points + costs + holding, pre-refi
Cash Left in Deal
$63,591
after HM → DSCR cash-out refi
Value Generated
$76,001
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
FAILS FLIP
Min 20% ROI · 6-mo hold
-9.1%
Flip ROI
Cash to First Close
$31,160
what you bring day 1
Net Profit
−$5,122
Max Bid @ 20%
$265,640
−$5,122 profit  ÷  $56,553 total invested  =  -9.1%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$315,999
Purchase (95% LTV)
$265,999
Rehab (100%)
$50,000
Loan-to-ARV
77.8%
Monthly Interest
$2,631/mo
Down Payment5% of $279,999 purchase
$14,000
+
Origination Fee1 pts on $315,999 loan
$3,160
+
Closing Costs5% of purchase
$14,000
=
Cash to First Close
$31,160
Holding Period — 6 Months
HML Interest9.99% IO · $2,631/mo × 6$15,784
Property Taxes$493/mo × 6$2,959
Insurance$275/mo × 6$1,650
Total Holding Costs$20,393
Contingency Reserve10% of rehab — held, not at first close$5,000
Sale Event — Second Close
Sale Price (ARV)
$406,000
HML Principal Payofffull IO loan balance
$315,999
Closing Costs3.5% of sale price
$14,210
Realtor Commission6% of sale price
$24,360
=
Net Proceeds to You
$51,431
Deal Summary
Net Proceeds at Closing
$51,431
Cash to First Close
$31,160
Holding Costs (6 mo)
$20,393
Contingency Reserve
$5,000
=
NET PROFIT
−$5,122
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$270,446−$9,553
15%$268,026−$11,973
20%$265,640−$14,359
25%$263,287−$16,712
30%$260,967−$19,032
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
0.982x
DSCR
Monthly Cash Flow
−$37/mo
Cash-on-Cash Yr 1
-0.7%
$63,591 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$315,999
Purchase (95% LTV)
$265,999
Rehab (100%)
$50,000
Loan-to-ARV
77.8%
Monthly Interest
$2,631/mo
Down Payment5% of $279,999 purchase
$14,000
+
Origination Fee1 pts on $315,999 loan
$3,160
+
Closing Costs5% of purchase
$14,000
=
Cash to First Close
$31,160
Holding Period — 2 Months
HML Interest9.99% IO · $2,631/mo × 2$5,261
Property Taxes$493/mo × 2$986
Insurance$275/mo × 2$550
Total Holding Costs$6,798
Contingency Reserve10% of rehab — held, not at first close$5,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$304,500
HML Principal Payofffull IO loan balance
$315,999
Origination Fee1 pts on $304,500
$3,045
Closing Coststitle / appraisal / escrow
$6,090
=
Cash to Bring to Close
−$20,634
Deal Summary
Cash to First Close
$31,160
+
Holding Costs (2 mo)
$6,798
+
Contingency Reserve
$5,000
Cash to Bring at Refi
+$20,634
=
Capital Left in Deal
$63,591
Equity Position — Day 1 Post-Refi
ARV
$406,000
DSCR Loan Balance
$304,500
=
Equity in Property
$101,500 (25.0%)
Capital Left in Deal
$63,591
=
Value Created
$37,909
$101,500 equity on $63,591 deployed = 1.6× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$3,156
Property Taxes
$493
Insurance
$275
Maintenance (6% rent)
$189
Management (6% rent)
$189
=
OpEx Subtotal
$1,147
=
Net Operating Income
$2,009
DSCR P&I
$2,046/mo
=
Net Cash Flow
−$37/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$304,500
Monthly P&I$2,046/mo
Net Cash Flow−$37/mo
Cash Still Required−$20,634
DSCR
0.982x✗ Fail
Lender DSCR
1.121x✓ Pass
No Cash-Out
75.0% LTV — capped short $20,634
Loan Amount$304,500
Monthly P&I$2,046/mo
Net Cash Flow−$37/mo
Cash Still Required−$20,634
DSCR
0.982x✗ Fail
Lender DSCR
1.121x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$3,198/mo+$42 needed
1.10x$3,431/mo+$275 needed
1.20x$3,663/mo+$507 needed
1.30x$3,896/mo+$740 needed
1.40x$4,128/mo+$972 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
0.982x
DSCR
Monthly Cash Flow
−$37/mo
Cash-on-Cash Yr 1
-0.8%
$55,170 left in deal
Acquisition Event — First Close
Purchase Price
$279,999
+
Rehab Budget
$50,000
+
Closing Costs5% of purchase
$14,000
=
Total Cash to First Close
$343,999
Holding Period — 2 Months
Property Taxes$493/mo × 2$986
Insurance$275/mo × 2$550
Total Holding Costs$1,536
Contingency Reserve10% of rehab — held, not at first close$5,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$304,500
Origination Fee1 pts on $304,500
$3,045
Closing Coststitle / appraisal / escrow
$6,090
=
Net Cash Recovered
$295,365
Deal Summary
Total Cash to First Close
$343,999
+
Holding Costs (2 mo)
$1,536
+
Contingency Reserve
$5,000
Net Cash Recovered at Refi
$295,365
=
Capital Left in Deal
$55,170
Equity Position — Day 1 Post-Refi
ARV
$406,000
DSCR Loan Balance
$304,500
=
Equity in Property
$101,500 (25.0%)
Capital Left in Deal
$55,170
=
Value Created
$46,330
$101,500 equity on $55,170 deployed = 1.8× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$3,156
Property Taxes
$493
Insurance
$275
Maintenance (6% rent)
$189
Management (6% rent)
$189
=
OpEx Subtotal
$1,147
=
Net Operating Income
$2,009
DSCR P&I
$2,046/mo
=
Net Cash Flow
−$37/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$304,500
Monthly P&I$2,046/mo
Net Cash Flow−$37/mo
Cash Still Required−$55,170
DSCR
0.982x✗ Fail
Lender DSCR
1.121x✓ Pass
No Cash-Out
75.0% LTV — capped short $55,170
Loan Amount$304,500
Monthly P&I$2,046/mo
Net Cash Flow−$37/mo
Cash Still Required−$55,170
DSCR
0.982x✗ Fail
Lender DSCR
1.121x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$3,198/mo+$42 needed
1.10x$3,431/mo+$275 needed
1.20x$3,663/mo+$507 needed
1.30x$3,896/mo+$740 needed
1.40x$4,128/mo+$972 needed
30-Year Hold Projection
Click to expand
DSCR loan $304,500 @ 7.1% · 3% rent growth · Via Hard Money · Via All Cash (same DSCR loan)