MMX Group/4301 Jane St, Bellaire, TX 77401
Flip-470.8%
HM→DSCR0.345x
Cash→DSCR0.345x
New Deal

4301 Jane St, Bellaire, TX 77401

5bd / 4.5ba · 3,850 sqft · built 2026 · Single Family (SFR)Analyzed Jun 26, 2026
Flip ROI
-470.8%
FAIL
−$808,405 loss
6-mo hold · profit ÷ cash out
DSCR — 75% LTV
0.345x
FAIL
cash-out refi · NOI / debt service
DSCR — No Cash-Out
0.345x
FAIL
75.0% LTV · capped, short $707,182
Max Bid @ 20%
$143,556
FAIL
✗ $736,443 over max
Total Invested
$133,204
down + points + costs + holding, pre-refi
Cash Left in Deal
$840,385
after HM → DSCR cash-out refi
Value Generated
$642,999
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
-470.8%
Flip ROI
Cash to First Close
$97,960
what you bring day 1
Net Profit
−$808,405
Max Bid @ 20%
$143,556
−$808,405 profit  ÷  $171,691 total invested  =  -470.8%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$995,999
Purchase (95% LTV)
$835,999
Rehab (100%)
$160,000
Loan-to-ARV
250.9%
Monthly Interest
$8,292/mo
Down Payment5% of $879,999 purchase
$44,000
+
Origination Fee1 pts on $995,999 loan
$9,960
+
Closing Costs5% of purchase
$44,000
=
Cash to First Close
$97,960
Holding Period — 6 Months
HML Interest9.99% IO · $8,292/mo × 6$49,750
Property Taxes$464/mo × 6$2,781
Insurance$867/mo × 6$5,200
Total Holding Costs$57,731
Contingency Reserve10% of rehab — held, not at first close$16,000
Sale Event — Second Close
Sale Price (ARV)
$397,000
HML Principal Payofffull IO loan balance
$995,999
Closing Costs3.5% of sale price
$13,895
Realtor Commission6% of sale price
$23,820
=
Net Proceeds to You
−$636,714
Deal Summary
Net Proceeds at Closing
−$636,714
Cash to First Close
$97,960
Holding Costs (6 mo)
$57,731
Contingency Reserve
$16,000
=
NET PROFIT
−$808,405
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$148,203−$731,796
15%$145,863−$734,136
20%$143,556−$736,443
25%$141,282−$738,717
30%$139,039−$740,960
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
0.345x
DSCR
Monthly Cash Flow
−$1,312/mo
Cash-on-Cash Yr 1
-1.9%
$840,385 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$995,999
Purchase (95% LTV)
$835,999
Rehab (100%)
$160,000
Loan-to-ARV
250.9%
Monthly Interest
$8,292/mo
Down Payment5% of $879,999 purchase
$44,000
+
Origination Fee1 pts on $995,999 loan
$9,960
+
Closing Costs5% of purchase
$44,000
=
Cash to First Close
$97,960
Holding Period — 2 Months
HML Interest9.99% IO · $8,292/mo × 2$16,583
Property Taxes$464/mo × 2$927
Insurance$867/mo × 2$1,733
Total Holding Costs$19,244
Contingency Reserve10% of rehab — held, not at first close$16,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$297,750
HML Principal Payofffull IO loan balance
$995,999
Origination Fee1 pts on $297,750
$2,978
Closing Coststitle / appraisal / escrow
$5,955
=
Cash to Bring to Close
−$707,182
Deal Summary
Cash to First Close
$97,960
+
Holding Costs (2 mo)
$19,244
+
Contingency Reserve
$16,000
Cash to Bring at Refi
+$707,182
=
Capital Left in Deal
$840,385
Equity Position — Day 1 Post-Refi
ARV
$397,000
DSCR Loan Balance
$297,750
=
Equity in Property
$99,250 (25.0%)
Capital Left in Deal
$840,385
=
Value Created
−$741,135
$99,250 equity on $840,385 deployed = 0.1× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,295
Property Taxes
$464
Insurance
$867
Maintenance (6% rent)
$138
Management (6% rent)
$138
=
OpEx Subtotal
$1,606
=
Net Operating Income
$689
DSCR P&I
$2,001/mo
=
Net Cash Flow
−$1,312/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$297,750
Monthly P&I$2,001/mo
Net Cash Flow−$1,312/mo
Cash Still Required−$707,182
DSCR
0.345x✗ Fail
Lender DSCR
0.689x✗ Fail
No Cash-Out
75.0% LTV — capped short $707,182
Loan Amount$297,750
Monthly P&I$2,001/mo
Net Cash Flow−$1,312/mo
Cash Still Required−$707,182
DSCR
0.345x✗ Fail
Lender DSCR
0.689x✗ Fail
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$3,785/mo+$1,490 needed
1.10x$4,013/mo+$1,718 needed
1.20x$4,240/mo+$1,945 needed
1.30x$4,468/mo+$2,173 needed
1.40x$4,695/mo+$2,400 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
0.345x
DSCR
Monthly Cash Flow
−$1,312/mo
Cash-on-Cash Yr 1
-1.9%
$813,842 left in deal
Acquisition Event — First Close
Purchase Price
$879,999
+
Rehab Budget
$160,000
+
Closing Costs5% of purchase
$44,000
=
Total Cash to First Close
$1,083,999
Holding Period — 2 Months
Property Taxes$464/mo × 2$927
Insurance$867/mo × 2$1,733
Total Holding Costs$2,660
Contingency Reserve10% of rehab — held, not at first close$16,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$297,750
Origination Fee1 pts on $297,750
$2,978
Closing Coststitle / appraisal / escrow
$5,955
=
Net Cash Recovered
$288,818
Deal Summary
Total Cash to First Close
$1,083,999
+
Holding Costs (2 mo)
$2,660
+
Contingency Reserve
$16,000
Net Cash Recovered at Refi
$288,818
=
Capital Left in Deal
$813,842
Equity Position — Day 1 Post-Refi
ARV
$397,000
DSCR Loan Balance
$297,750
=
Equity in Property
$99,250 (25.0%)
Capital Left in Deal
$813,842
=
Value Created
−$714,592
$99,250 equity on $813,842 deployed = 0.1× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,295
Property Taxes
$464
Insurance
$867
Maintenance (6% rent)
$138
Management (6% rent)
$138
=
OpEx Subtotal
$1,606
=
Net Operating Income
$689
DSCR P&I
$2,001/mo
=
Net Cash Flow
−$1,312/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$297,750
Monthly P&I$2,001/mo
Net Cash Flow−$1,312/mo
Cash Still Required−$813,842
DSCR
0.345x✗ Fail
Lender DSCR
0.689x✗ Fail
No Cash-Out
75.0% LTV — capped short $813,842
Loan Amount$297,750
Monthly P&I$2,001/mo
Net Cash Flow−$1,312/mo
Cash Still Required−$813,842
DSCR
0.345x✗ Fail
Lender DSCR
0.689x✗ Fail
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$3,785/mo+$1,490 needed
1.10x$4,013/mo+$1,718 needed
1.20x$4,240/mo+$1,945 needed
1.30x$4,468/mo+$2,173 needed
1.40x$4,695/mo+$2,400 needed
30-Year Hold Projection
Click to expand
DSCR loan $297,750 @ 7.1% · 3% rent growth · Via Hard Money · Via All Cash (same DSCR loan)