MMX Group/3330 Highland Ave, Beaumont, TX 77705
Flip-257.1%
HM→DSCR0.897x
Cash→DSCR0.897x
New Deal

3330 Highland Ave, Beaumont, TX 77705

1,036 sqft · built 1962 · Single Family (SFR)Analyzed Jun 15, 2026
Flip ROI
-257.1%
FAIL
−$99,712 loss
6-mo hold · profit ÷ cash out
DSCR — 75% LTV
0.897x
FAIL
cash-out refi · NOI / debt service
DSCR — No Cash-Out
0.897x
FAIL
75.0% LTV · capped, short $91,642
Max Bid @ 20%
$56,428
FAIL
✗ $93,571 over max
Total Invested
$29,593
down + points + costs + holding, pre-refi
Cash Left in Deal
$121,234
after HM → DSCR cash-out refi
Value Generated
$51,999
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
-257.1%
Flip ROI
Cash to First Close
$17,500
what you bring day 1
Net Profit
−$99,712
Max Bid @ 20%
$56,428
−$99,712 profit  ÷  $38,778 total invested  =  -257.1%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$217,499
Purchase (95% LTV)
$142,499
Rehab (100%)
$75,000
Loan-to-ARV
125.7%
Monthly Interest
$1,811/mo
Down Payment5% of $149,999 purchase
$7,500
+
Origination Fee1 pts on $217,499 loan
$2,500
+
Closing Costs5% of purchase
$7,500
=
Cash to First Close
$17,500
Holding Period — 6 Months
HML Interest9.99% IO · $1,811/mo × 6$10,864
Property Taxes$298/mo × 6$1,789
Insurance$187/mo × 6$1,125
Total Holding Costs$13,778
Contingency Reserve10% of rehab — held, not at first close$7,500
Sale Event — Second Close
Sale Price (ARV)
$173,000
HML Principal Payofffull IO loan balance
$217,499
Closing Costs3.5% of sale price
$6,055
Realtor Commission6% of sale price
$10,380
=
Net Proceeds to You
−$60,934
Deal Summary
Net Proceeds at Closing
−$60,934
Cash to First Close
$17,500
Holding Costs (6 mo)
$13,778
Contingency Reserve
$7,500
=
NET PROFIT
−$99,712
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$58,493−$91,506
15%$57,453−$92,546
20%$56,428−$93,571
25%$55,417−$94,582
30%$54,420−$95,579
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
0.897x
DSCR
Monthly Cash Flow
−$90/mo
Cash-on-Cash Yr 1
-0.9%
$121,234 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$217,499
Purchase (95% LTV)
$142,499
Rehab (100%)
$75,000
Loan-to-ARV
125.7%
Monthly Interest
$1,811/mo
Down Payment5% of $149,999 purchase
$7,500
+
Origination Fee1 pts on $217,499 loan
$2,500
+
Closing Costs5% of purchase
$7,500
=
Cash to First Close
$17,500
Holding Period — 2 Months
HML Interest9.99% IO · $1,811/mo × 2$3,621
Property Taxes$298/mo × 2$596
Insurance$187/mo × 2$375
Total Holding Costs$4,593
Contingency Reserve10% of rehab — held, not at first close$7,500
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$129,750
HML Principal Payofffull IO loan balance
$217,499
Origination Fee1 pts on $129,750
$1,298
Closing Coststitle / appraisal / escrow
$2,595
=
Cash to Bring to Close
−$91,642
Deal Summary
Cash to First Close
$17,500
+
Holding Costs (2 mo)
$4,593
+
Contingency Reserve
$7,500
Cash to Bring at Refi
+$91,642
=
Capital Left in Deal
$121,234
Equity Position — Day 1 Post-Refi
ARV
$173,000
DSCR Loan Balance
$129,750
=
Equity in Property
$43,250 (25.0%)
Capital Left in Deal
$121,234
=
Value Created
−$77,984
$43,250 equity on $121,234 deployed = 0.4× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,441
Property Taxes
$298
Insurance
$187
Maintenance (6% rent)
$86
Management (6% rent)
$86
=
OpEx Subtotal
$659
=
Net Operating Income
$782
DSCR P&I
$872/mo
=
Net Cash Flow
−$90/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$129,750
Monthly P&I$872/mo
Net Cash Flow−$90/mo
Cash Still Required−$91,642
DSCR
0.897x✗ Fail
Lender DSCR
1.061x✓ Pass
No Cash-Out
75.0% LTV — capped short $91,642
Loan Amount$129,750
Monthly P&I$872/mo
Net Cash Flow−$90/mo
Cash Still Required−$91,642
DSCR
0.897x✗ Fail
Lender DSCR
1.061x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,543/mo+$102 needed
1.10x$1,642/mo+$201 needed
1.20x$1,741/mo+$300 needed
1.30x$1,840/mo+$399 needed
1.40x$1,939/mo+$498 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
0.897x
DSCR
Monthly Cash Flow
−$90/mo
Cash-on-Cash Yr 1
-0.9%
$115,113 left in deal
Acquisition Event — First Close
Purchase Price
$149,999
+
Rehab Budget
$75,000
+
Closing Costs5% of purchase
$7,500
=
Total Cash to First Close
$232,499
Holding Period — 2 Months
Property Taxes$298/mo × 2$596
Insurance$187/mo × 2$375
Total Holding Costs$971
Contingency Reserve10% of rehab — held, not at first close$7,500
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$129,750
Origination Fee1 pts on $129,750
$1,298
Closing Coststitle / appraisal / escrow
$2,595
=
Net Cash Recovered
$125,858
Deal Summary
Total Cash to First Close
$232,499
+
Holding Costs (2 mo)
$971
+
Contingency Reserve
$7,500
Net Cash Recovered at Refi
$125,858
=
Capital Left in Deal
$115,113
Equity Position — Day 1 Post-Refi
ARV
$173,000
DSCR Loan Balance
$129,750
=
Equity in Property
$43,250 (25.0%)
Capital Left in Deal
$115,113
=
Value Created
−$71,863
$43,250 equity on $115,113 deployed = 0.4× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,441
Property Taxes
$298
Insurance
$187
Maintenance (6% rent)
$86
Management (6% rent)
$86
=
OpEx Subtotal
$659
=
Net Operating Income
$782
DSCR P&I
$872/mo
=
Net Cash Flow
−$90/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$129,750
Monthly P&I$872/mo
Net Cash Flow−$90/mo
Cash Still Required−$115,113
DSCR
0.897x✗ Fail
Lender DSCR
1.061x✓ Pass
No Cash-Out
75.0% LTV — capped short $115,113
Loan Amount$129,750
Monthly P&I$872/mo
Net Cash Flow−$90/mo
Cash Still Required−$115,113
DSCR
0.897x✗ Fail
Lender DSCR
1.061x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,543/mo+$102 needed
1.10x$1,642/mo+$201 needed
1.20x$1,741/mo+$300 needed
1.30x$1,840/mo+$399 needed
1.40x$1,939/mo+$498 needed
30-Year Hold Projection
Click to expand
DSCR loan $129,750 @ 7.1% · 3% rent growth · Via Hard Money · Via All Cash (same DSCR loan)