MMX Group/3430 Sycamore Shadows Dr, Kingwood, TX 77339
Flip-56.7%
HM→DSCR0.851x
Cash→DSCR0.851x
New Deal

3430 Sycamore Shadows Dr, Kingwood, TX 77339

3bd / 2.5ba · 2,803 sqft · built 1979 · Single Family (SFR)Analyzed Jul 23, 2026
Flip ROI
-56.7%
FAIL
−$29,894 loss
6-mo hold · profit ÷ cash out
DSCR — 75% LTV
0.851x
FAIL
cash-out refi · NOI / debt service
DSCR — No Cash-Out
0.851x
FAIL
75.0% LTV · capped, short $39,497
Max Bid @ 20%
$239,666
FAIL
✗ $35,333 over max
Total Invested
$40,105
down + points + costs + holding, pre-refi
Cash Left in Deal
$79,602
after HM → DSCR cash-out refi
Value Generated
$42,401
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
-56.7%
Flip ROI
Cash to First Close
$30,448
what you bring day 1
Net Profit
−$29,894
Max Bid @ 20%
$239,666
−$29,894 profit  ÷  $52,700 total invested  =  -56.7%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$294,849
Purchase (95% LTV)
$261,249
Rehab (100%)
$33,600
Loan-to-ARV
84.0%
Monthly Interest
$2,455/mo
Down Payment5% of $274,999 purchase
$13,750
+
Origination Fee1 pts on $294,849 loan
$2,948
+
Closing Costs5% of purchase
$13,750
=
Cash to First Close
$30,448
Holding Period — 6 Months
HML Interest9.99% IO · $2,455/mo × 6$14,728
Property Taxes$437/mo × 6$2,621
Insurance$257/mo × 6$1,543
Total Holding Costs$18,891
Contingency Reserve10% of rehab — held, not at first close$3,360
Sale Event — Second Close
Sale Price (ARV)
$351,000
HML Principal Payofffull IO loan balance
$294,849
Closing Costs3.5% of sale price
$12,285
Realtor Commission6% of sale price
$21,060
=
Net Proceeds to You
$22,806
Deal Summary
Net Proceeds at Closing
$22,806
Cash to First Close
$30,448
Holding Costs (6 mo)
$18,891
Contingency Reserve
$3,360
=
NET PROFIT
−$29,894
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$243,830−$31,169
15%$241,733−$33,266
20%$239,666−$35,333
25%$237,627−$37,372
30%$235,618−$39,381
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
0.851x
DSCR
Monthly Cash Flow
−$263/mo
Cash-on-Cash Yr 1
-4.0%
$79,602 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$294,849
Purchase (95% LTV)
$261,249
Rehab (100%)
$33,600
Loan-to-ARV
84.0%
Monthly Interest
$2,455/mo
Down Payment5% of $274,999 purchase
$13,750
+
Origination Fee1 pts on $294,849 loan
$2,948
+
Closing Costs5% of purchase
$13,750
=
Cash to First Close
$30,448
Holding Period — 2 Months
HML Interest9.99% IO · $2,455/mo × 2$4,909
Property Taxes$437/mo × 2$874
Insurance$257/mo × 2$514
Total Holding Costs$6,297
Contingency Reserve10% of rehab — held, not at first close$3,360
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$263,250
HML Principal Payofffull IO loan balance
$294,849
Origination Fee1 pts on $263,250
$2,633
Closing Coststitle / appraisal / escrow
$5,265
=
Cash to Bring to Close
−$39,497
Deal Summary
Cash to First Close
$30,448
+
Holding Costs (2 mo)
$6,297
+
Contingency Reserve
$3,360
Cash to Bring at Refi
+$39,497
=
Capital Left in Deal
$79,602
Equity Position — Day 1 Post-Refi
ARV
$351,000
DSCR Loan Balance
$263,250
=
Equity in Property
$87,750 (25.0%)
Capital Left in Deal
$79,602
=
Value Created
$8,148
$87,750 equity on $79,602 deployed = 1.1× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,500
Property Taxes
$437
Insurance
$257
Maintenance (6% rent)
$150
Management (6% rent)
$150
=
OpEx Subtotal
$994
=
Net Operating Income
$1,506
DSCR P&I
$1,769/mo
=
Net Cash Flow
−$263/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$263,250
Monthly P&I$1,769/mo
Net Cash Flow−$263/mo
Cash Still Required−$39,497
DSCR
0.851x✗ Fail
Lender DSCR
1.015x✓ Pass
No Cash-Out
75.0% LTV — capped short $39,497
Loan Amount$263,250
Monthly P&I$1,769/mo
Net Cash Flow−$263/mo
Cash Still Required−$39,497
DSCR
0.851x✗ Fail
Lender DSCR
1.015x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$2,799/mo+$299 needed
1.10x$3,000/mo+$500 needed
1.20x$3,201/mo+$701 needed
1.30x$3,402/mo+$902 needed
1.40x$3,603/mo+$1,103 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
0.851x
DSCR
Monthly Cash Flow
−$263/mo
Cash-on-Cash Yr 1
-4.4%
$71,744 left in deal
Acquisition Event — First Close
Purchase Price
$274,999
+
Rehab Budget
$33,600
+
Closing Costs5% of purchase
$13,750
=
Total Cash to First Close
$322,349
Holding Period — 2 Months
Property Taxes$437/mo × 2$874
Insurance$257/mo × 2$514
Total Holding Costs$1,388
Contingency Reserve10% of rehab — held, not at first close$3,360
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$263,250
Origination Fee1 pts on $263,250
$2,633
Closing Coststitle / appraisal / escrow
$5,265
=
Net Cash Recovered
$255,353
Deal Summary
Total Cash to First Close
$322,349
+
Holding Costs (2 mo)
$1,388
+
Contingency Reserve
$3,360
Net Cash Recovered at Refi
$255,353
=
Capital Left in Deal
$71,744
Equity Position — Day 1 Post-Refi
ARV
$351,000
DSCR Loan Balance
$263,250
=
Equity in Property
$87,750 (25.0%)
Capital Left in Deal
$71,744
=
Value Created
$16,006
$87,750 equity on $71,744 deployed = 1.2× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,500
Property Taxes
$437
Insurance
$257
Maintenance (6% rent)
$150
Management (6% rent)
$150
=
OpEx Subtotal
$994
=
Net Operating Income
$1,506
DSCR P&I
$1,769/mo
=
Net Cash Flow
−$263/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$263,250
Monthly P&I$1,769/mo
Net Cash Flow−$263/mo
Cash Still Required−$71,744
DSCR
0.851x✗ Fail
Lender DSCR
1.015x✓ Pass
No Cash-Out
75.0% LTV — capped short $71,744
Loan Amount$263,250
Monthly P&I$1,769/mo
Net Cash Flow−$263/mo
Cash Still Required−$71,744
DSCR
0.851x✗ Fail
Lender DSCR
1.015x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$2,799/mo+$299 needed
1.10x$3,000/mo+$500 needed
1.20x$3,201/mo+$701 needed
1.30x$3,402/mo+$902 needed
1.40x$3,603/mo+$1,103 needed
30-Year Hold Projection
Click to expand
DSCR loan $263,250 @ 7.1% · 3% rent growth · Via Hard Money · Via All Cash (same DSCR loan)