MMX Group/402 S Yaupon St, Richwood, TX 77531
Flip138.8%
HM→DSCR1.226x
Cash→DSCR1.226x
New Deal

402 S Yaupon St, Richwood, TX 77531

1,368 sqft · built 1966 · Single Family (SFR)Analyzed Jun 12, 2026
Flip ROI
138.8%
PASS
+$36,181 profit
6-mo hold · profit ÷ cash out
DSCR — 75% LTV
1.226x
FAIL
cash-out refi · NOI / debt service
DSCR — No Cash-Out
1.408x
PASS
65.3% LTV · HML payoff refi
Max Bid @ 20%
$128,162
PASS
✓ offer $99,999 under max
Total Invested
$20,355
down + points + costs + holding, pre-refi
Cash Out at Refi
$1,244
after HM → DSCR cash-out refi
Value Generated
$79,001
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
138.8%
Flip ROI
Cash to First Close
$12,500
what you bring day 1
Net Profit
$36,181
Max Bid @ 20%
$128,162
$36,181 profit  ÷  $26,065 total invested  =  138.8%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$144,999
Purchase (95% LTV)
$94,999
Rehab (100%)
$50,000
Loan-to-ARV
63.3%
Monthly Interest
$1,207/mo
Down Payment5% of $99,999 purchase
$5,000
+
Origination Fee1 pts on $144,999 loan
$2,500
+
Closing Costs5% of purchase
$5,000
=
Cash to First Close
$12,500
Holding Period — 6 Months
HML Interest9.99% IO · $1,207/mo × 6$7,243
Property Taxes$95/mo × 6$572
Insurance$125/mo × 6$750
Total Holding Costs$8,565
Contingency Reserve10% of rehab — held, not at first close$5,000
Sale Event — Second Close
Sale Price (ARV)
$229,000
HML Principal Payofffull IO loan balance
$144,999
Closing Costs3.5% of sale price
$8,015
Realtor Commission6% of sale price
$13,740
=
Net Proceeds to You
$62,246
Deal Summary
Net Proceeds at Closing
$62,246
Cash to First Close
$12,500
Holding Costs (6 mo)
$8,565
Contingency Reserve
$5,000
=
NET PROFIT
$36,181
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$130,784✓ ok
15%$129,464✓ ok
20%$128,162✓ ok
25%$126,879✓ ok
30%$125,614✓ 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
1.226x
DSCR
Monthly Cash Flow
$260/mo
Cash-on-Cash Yr 1
N/A
−$1,244 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$144,999
Purchase (95% LTV)
$94,999
Rehab (100%)
$50,000
Loan-to-ARV
63.3%
Monthly Interest
$1,207/mo
Down Payment5% of $99,999 purchase
$5,000
+
Origination Fee1 pts on $144,999 loan
$2,500
+
Closing Costs5% of purchase
$5,000
=
Cash to First Close
$12,500
Holding Period — 2 Months
HML Interest9.99% IO · $1,207/mo × 2$2,414
Property Taxes$95/mo × 2$191
Insurance$125/mo × 2$250
Total Holding Costs$2,855
Contingency Reserve10% of rehab — held, not at first close$5,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$171,750
HML Principal Payofffull IO loan balance
$144,999
Origination Fee1 pts on $171,750
$1,718
Closing Coststitle / appraisal / escrow
$3,435
=
Cash Back to You
+$21,598
Deal Summary
Cash to First Close
$12,500
+
Holding Costs (2 mo)
$2,855
+
Contingency Reserve
$5,000
Cash Back at Refi
−$21,598
=
Capital Left in Deal
−$1,244
Equity Position — Day 1 Post-Refi
ARV
$229,000
DSCR Loan Balance
$171,750
=
Equity in Property
$57,250 (25.0%)
Capital Left in Deal
−$1,244
=
Value Created
$58,494
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,858
Property Taxes
$95
Insurance
$125
Maintenance (6% rent)
$111
Management (6% rent)
$111
=
OpEx Subtotal
$443
=
Net Operating Income
$1,415
DSCR P&I
$1,154/mo
=
Net Cash Flow
$260/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$171,750
Monthly P&I$1,154/mo
Net Cash Flow$260/mo
Cash Back at Refi+$21,598
DSCR
1.226x✗ Fail
Lender DSCR
1.352x✓ Pass
No Cash-Out
65.3% LTV — breakeven refi
Loan Amount$149,484
Monthly P&I$1,005/mo
Net Cash Flow$410/mo
Cash Back at Refi+$0
DSCR
1.408x✓ Pass
Lender DSCR
1.517x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,562/mo✓ met
1.10x$1,693/mo✓ met
1.20x$1,824/mo✓ met
1.30x$1,955/mo+$97 needed
1.40x$2,087/mo+$229 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
1.226x
DSCR
Monthly Cash Flow
$260/mo
Cash-on-Cash Yr 1
N/A
−$6,158 left in deal
Acquisition Event — First Close
Purchase Price
$99,999
+
Rehab Budget
$50,000
+
Closing Costs5% of purchase
$5,000
=
Total Cash to First Close
$154,999
Holding Period — 2 Months
Property Taxes$95/mo × 2$191
Insurance$125/mo × 2$250
Total Holding Costs$441
Contingency Reserve10% of rehab — held, not at first close$5,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$171,750
Origination Fee1 pts on $171,750
$1,718
Closing Coststitle / appraisal / escrow
$3,435
=
Net Cash Recovered
$166,598
Deal Summary
Total Cash to First Close
$154,999
+
Holding Costs (2 mo)
$441
+
Contingency Reserve
$5,000
Net Cash Recovered at Refi
$166,598
=
Capital Left in Deal
−$6,158
Equity Position — Day 1 Post-Refi
ARV
$229,000
DSCR Loan Balance
$171,750
=
Equity in Property
$57,250 (25.0%)
Capital Left in Deal
−$6,158
=
Value Created
$63,408
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,858
Property Taxes
$95
Insurance
$125
Maintenance (6% rent)
$111
Management (6% rent)
$111
=
OpEx Subtotal
$443
=
Net Operating Income
$1,415
DSCR P&I
$1,154/mo
=
Net Cash Flow
$260/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$171,750
Monthly P&I$1,154/mo
Net Cash Flow$260/mo
Cash Back at Refi+$6,158
DSCR
1.226x✗ Fail
Lender DSCR
1.352x✓ Pass
No Cash-Out
72.2% LTV — breakeven refi
Loan Amount$165,402
Monthly P&I$1,112/mo
Net Cash Flow$303/mo
Cash Back at Refi+$0
DSCR
1.273x✗ Fail
Lender DSCR
1.395x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,562/mo✓ met
1.10x$1,693/mo✓ met
1.20x$1,824/mo✓ met
1.30x$1,955/mo+$97 needed
1.40x$2,087/mo+$229 needed
30-Year Hold Projection
Click to expand
DSCR loan $171,750 @ 7.1% · 3% rent growth · Via Hard Money · Via All Cash (same DSCR loan)