4607 Englewood Dr, Austin, TX 78745
936 sqft · built 1959 · Single Family (SFR)Analyzed May 16, 2026$
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Scenario 1 — Flip
Hard money loan · sell at ARV after rehab
✅
PASSES FLIP
Min 20% ROI · 6-mo hold
519.6%
Flip ROI
Cash to First Close
$17,500
what you bring day 1
Net Profit
$157,434
Max Bid @ 20%
$283,198
$157,434 profit ÷ $30,301 total invested = 519.6%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$162,500
Purchase (95% LTV)
$142,500
Rehab (100%)
$20,000
Loan-to-ARV
42.0%
Monthly Interest
$1,353/mo
Down Payment5% of $150,000 purchase
$7,500+
Origination Fee1 pts on $162,500 loan
$2,500+
Closing Costs5% of purchase
$7,500=
Cash to First Close
$17,500Holding Period — 6 Months
HML Interest9.99% IO · $1,353/mo × 6$8,117
Property Taxes$306/mo × 6$1,834
Insurance$142/mo × 6$850
Total Holding Costs$10,801
Contingency Reserve10% of rehab — held, not at first close$2,000
Sale Event — Second Close
Sale Price (ARV)
$387,000−
HML Principal Payofffull IO loan balance
$162,500−
Closing Costs3.5% of sale price
$13,545−
Realtor Commission6% of sale price
$23,220=
Net Proceeds to You
$187,735Deal Summary
Net Proceeds at Closing
$187,735−
Cash to First Close
$17,500−
Holding Costs (6 mo)
$10,801−
Contingency Reserve
$2,000=
NET PROFIT
$157,434Max Bid by ROI Target
| ROI | Max Bid | vs Offer |
|---|---|---|
| 10% | $287,718 | ✓ ok |
| 15% | $285,442 | ✓ ok |
| 20% ← | $283,198 | ✓ ok |
| 25% | $280,985 | ✓ ok |
| 30% | $278,803 | ✓ 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
1.014x
DSCR
Monthly Cash Flow
$26/mo
Cash-on-Cash Yr 1
N/A
−$95,942 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$162,500
Purchase (95% LTV)
$142,500
Rehab (100%)
$20,000
Loan-to-ARV
42.0%
Monthly Interest
$1,353/mo
Down Payment5% of $150,000 purchase
$7,500+
Origination Fee1 pts on $162,500 loan
$2,500+
Closing Costs5% of purchase
$7,500=
Cash to First Close
$17,500Holding Period — 2 Months
HML Interest9.99% IO · $1,353/mo × 2$2,706
Property Taxes$306/mo × 2$611
Insurance$142/mo × 2$283
Total Holding Costs$3,600
Contingency Reserve10% of rehab — held, not at first close$2,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$290,250−
HML Principal Payofffull IO loan balance
$162,500−
Origination Fee1 pts on $290,250
$2,903−
Closing Coststitle / appraisal / escrow
$5,805=
Cash Back to You
+$119,043Deal Summary
Cash to First Close
$17,500+
Holding Costs (2 mo)
$3,600+
Contingency Reserve
$2,000−
Cash Back at Refi
−$119,043=
Capital Left in Deal
−$95,942Equity Position — Day 1 Post-Refi
ARV
$387,000−
DSCR Loan Balance
$290,250=
Equity in Property
$96,750 (25.0%)−
Capital Left in Deal
−$95,942=
Value Created
$192,692Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,755−
Property Taxes
$306−
Insurance
$142−
Maintenance (6% rent)
$165−
Management (6% rent)
$165=
OpEx Subtotal
$778=
Net Operating Income
$1,977−
DSCR P&I
$1,951/mo=
Net Cash Flow
$26/moDSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$290,250
Monthly P&I$1,951/mo
Net Cash Flow$26/mo
Cash Back at Refi+$119,043
DSCR
1.014x✗ Fail
Lender DSCR
1.149x✓ Pass
No Cash-Out
43.3% LTV — breakeven refi
Loan Amount$167,526
Monthly P&I$1,126/mo
Net Cash Flow$851/mo
Cash Back at Refi+$0
DSCR
1.756x✓ Pass
Lender DSCR
1.751x✓ Pass
Required Rent by DSCR Target
| Target | Rent Needed | vs Current |
|---|---|---|
| 1.00x | $2,725/mo | ✓ met |
| 1.10x | $2,947/mo | +$192 needed |
| 1.20x | $3,168/mo | +$413 needed |
| 1.30x ← | $3,390/mo | +$635 needed |
| 1.40x | $3,612/mo | +$857 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
1.014x
DSCR
Monthly Cash Flow
$26/mo
Cash-on-Cash Yr 1
N/A
−$101,148 left in deal
Acquisition Event — First Close
Purchase Price
$150,000+
Rehab Budget
$20,000+
Closing Costs5% of purchase
$7,500=
Total Cash to First Close
$177,500Holding Period — 2 Months
Property Taxes$306/mo × 2$611
Insurance$142/mo × 2$283
Total Holding Costs$895
Contingency Reserve10% of rehab — held, not at first close$2,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$290,250−
Origination Fee1 pts on $290,250
$2,903−
Closing Coststitle / appraisal / escrow
$5,805=
Net Cash Recovered
$281,543Deal Summary
Total Cash to First Close
$177,500+
Holding Costs (2 mo)
$895+
Contingency Reserve
$2,000−
Net Cash Recovered at Refi
$281,543=
Capital Left in Deal
−$101,148Equity Position — Day 1 Post-Refi
ARV
$387,000−
DSCR Loan Balance
$290,250=
Equity in Property
$96,750 (25.0%)−
Capital Left in Deal
−$101,148=
Value Created
$197,898Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,755−
Property Taxes
$306−
Insurance
$142−
Maintenance (6% rent)
$165−
Management (6% rent)
$165=
OpEx Subtotal
$778=
Net Operating Income
$1,977−
DSCR P&I
$1,951/mo=
Net Cash Flow
$26/moDSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$290,250
Monthly P&I$1,951/mo
Net Cash Flow$26/mo
Cash Back at Refi+$101,148
DSCR
1.014x✗ Fail
Lender DSCR
1.149x✓ Pass
No Cash-Out
48.1% LTV — breakeven refi
Loan Amount$185,974
Monthly P&I$1,250/mo
Net Cash Flow$727/mo
Cash Back at Refi+$0
DSCR
1.582x✓ Pass
Lender DSCR
1.623x✓ Pass
Required Rent by DSCR Target
| Target | Rent Needed | vs Current |
|---|---|---|
| 1.00x | $2,725/mo | ✓ met |
| 1.10x | $2,947/mo | +$192 needed |
| 1.20x | $3,168/mo | +$413 needed |
| 1.30x ← | $3,390/mo | +$635 needed |
| 1.40x | $3,612/mo | +$857 needed |