MMX Group/4207 Hoffman St, Houston, TX 77026
Flip96.9%
HM→DSCR1.344x
Cash→DSCR1.344x
New Deal

4207 Hoffman St, Houston, TX 77026

3bd / 1ba · 1,464 sqft · built 1951 · Single Family (SFR)Analyzed Jun 9, 2026
Flip ROI
96.9%
PASS
+$21,594 profit
6-mo hold · profit ÷ cash out
DSCR — 75% LTV
1.344x
PASS
cash-out refi · NOI / debt service
DSCR — No Cash-Out
1.495x
PASS
67.5% LTV · HML payoff refi
Max Bid @ 20%
$126,397
PASS
✓ offer $110,000 under max
Total Invested
$17,094
down + points + costs + holding, pre-refi
Cash Left in Deal
$4,281
after HM → DSCR cash-out refi
Value Generated
$55,000
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
96.9%
Flip ROI
Cash to First Close
$13,500
what you bring day 1
Net Profit
$21,594
Max Bid @ 20%
$126,397
$21,594 profit  ÷  $22,281 total invested  =  96.9%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$114,500
Purchase (95% LTV)
$104,500
Rehab (100%)
$10,000
Loan-to-ARV
65.4%
Monthly Interest
$953/mo
Down Payment5% of $110,000 purchase
$5,500
+
Origination Fee1 pts on $114,500 loan
$2,500
+
Closing Costs5% of purchase
$5,500
=
Cash to First Close
$13,500
Holding Period — 6 Months
HML Interest9.99% IO · $953/mo × 6$5,719
Property Taxes$244/mo × 6$1,462
Insurance$100/mo × 6$600
Total Holding Costs$7,781
Contingency Reserve10% of rehab — held, not at first close$1,000
Sale Event — Second Close
Sale Price (ARV)
$175,000
HML Principal Payofffull IO loan balance
$114,500
Closing Costs3.5% of sale price
$6,125
Realtor Commission6% of sale price
$10,500
=
Net Proceeds to You
$43,875
Deal Summary
Net Proceeds at Closing
$43,875
Cash to First Close
$13,500
Holding Costs (6 mo)
$7,781
Contingency Reserve
$1,000
=
NET PROFIT
$21,594
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$128,487✓ ok
15%$127,434✓ ok
20%$126,397✓ ok
25%$125,374✓ ok
30%$124,365✓ ok
Scenario 2 — HM→DSCR
Hard money @ 9.99% IO → DSCR refi · 75% ARV · 7.1% / 30yr
PASSES DSCR
Min 1.30x · 7.1% / 30-yr DSCR · 75% of ARV
1.344x
DSCR
Monthly Cash Flow
$304/mo
Cash-on-Cash Yr 1
85.1%
$4,281 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$114,500
Purchase (95% LTV)
$104,500
Rehab (100%)
$10,000
Loan-to-ARV
65.4%
Monthly Interest
$953/mo
Down Payment5% of $110,000 purchase
$5,500
+
Origination Fee1 pts on $114,500 loan
$2,500
+
Closing Costs5% of purchase
$5,500
=
Cash to First Close
$13,500
Holding Period — 2 Months
HML Interest9.99% IO · $953/mo × 2$1,906
Property Taxes$244/mo × 2$487
Insurance$100/mo × 2$200
Total Holding Costs$2,594
Contingency Reserve10% of rehab — held, not at first close$1,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$131,250
HML Principal Payofffull IO loan balance
$114,500
Origination Fee1 pts on $131,250
$1,313
Closing Coststitle / appraisal / escrow
$2,625
=
Cash Back to You
+$12,813
Deal Summary
Cash to First Close
$13,500
+
Holding Costs (2 mo)
$2,594
+
Contingency Reserve
$1,000
Cash Back at Refi
−$12,813
=
Capital Left in Deal
$4,281
Equity Position — Day 1 Post-Refi
ARV
$175,000
DSCR Loan Balance
$131,250
=
Equity in Property
$43,750 (25.0%)
Capital Left in Deal
$4,281
=
Value Created
$39,469
$43,750 equity on $4,281 deployed = 10.2× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,738
Property Taxes
$244
Insurance
$100
Maintenance (6% rent)
$104
Management (6% rent)
$104
=
OpEx Subtotal
$552
=
Net Operating Income
$1,186
DSCR P&I
$882/mo
=
Net Cash Flow
$304/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$131,250
Monthly P&I$882/mo
Net Cash Flow$304/mo
Cash Back at Refi+$12,813
DSCR
1.344x✓ Pass
Lender DSCR
1.418x✓ Pass
No Cash-Out
67.5% LTV — breakeven refi
Loan Amount$118,041
Monthly P&I$793/mo
Net Cash Flow$392/mo
Cash Back at Refi+$0
DSCR
1.495x✓ Pass
Lender DSCR
1.529x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,393/mo✓ met
1.10x$1,493/mo✓ met
1.20x$1,593/mo✓ met
1.30x$1,694/mo✓ met
1.40x$1,794/mo+$56 needed
Scenario 3 — Cash→DSCR
All-cash purchase → DSCR refi · 75% ARV · 7.1% / 30yr
PASSES DSCR
Min 1.30x · 7.1% / 30-yr DSCR · 75% of ARV
1.344x
DSCR
Monthly Cash Flow
$304/mo
Cash-on-Cash Yr 1
N/A
−$125 left in deal
Acquisition Event — First Close
Purchase Price
$110,000
+
Rehab Budget
$10,000
+
Closing Costs5% of purchase
$5,500
=
Total Cash to First Close
$125,500
Holding Period — 2 Months
Property Taxes$244/mo × 2$487
Insurance$100/mo × 2$200
Total Holding Costs$687
Contingency Reserve10% of rehab — held, not at first close$1,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$131,250
Origination Fee1 pts on $131,250
$1,313
Closing Coststitle / appraisal / escrow
$2,625
=
Net Cash Recovered
$127,313
Deal Summary
Total Cash to First Close
$125,500
+
Holding Costs (2 mo)
$687
+
Contingency Reserve
$1,000
Net Cash Recovered at Refi
$127,313
=
Capital Left in Deal
−$125
Equity Position — Day 1 Post-Refi
ARV
$175,000
DSCR Loan Balance
$131,250
=
Equity in Property
$43,750 (25.0%)
Capital Left in Deal
−$125
=
Value Created
$43,875
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,738
Property Taxes
$244
Insurance
$100
Maintenance (6% rent)
$104
Management (6% rent)
$104
=
OpEx Subtotal
$552
=
Net Operating Income
$1,186
DSCR P&I
$882/mo
=
Net Cash Flow
$304/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$131,250
Monthly P&I$882/mo
Net Cash Flow$304/mo
Cash Back at Refi+$125
DSCR
1.344x✓ Pass
Lender DSCR
1.418x✓ Pass
No Cash-Out
74.9% LTV — breakeven refi
Loan Amount$131,121
Monthly P&I$881/mo
Net Cash Flow$305/mo
Cash Back at Refi+$0
DSCR
1.346x✓ Pass
Lender DSCR
1.419x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,393/mo✓ met
1.10x$1,493/mo✓ met
1.20x$1,593/mo✓ met
1.30x$1,694/mo✓ met
1.40x$1,794/mo+$56 needed
30-Year Hold Projection
Click to expand
DSCR loan $131,250 @ 7.1% · 3% rent growth · Via Hard Money · Via All Cash (same DSCR loan)