MMX Group/5226 Longmeadow St, Houston, TX 77033
Flip-187.9%
HM→DSCR1.795x
Cash→DSCR1.795x
New Deal

5226 Longmeadow St, Houston, TX 77033

3bd / 1.5ba · 1,292 sqft · built 1950 · Single Family (SFR)Analyzed Jul 18, 2026
Flip ROI
-187.9%
FAIL
−$49,867 loss
6-mo hold · profit ÷ cash out
DSCR — 75% LTV
1.795x
PASS
cash-out refi · NOI / debt service
DSCR — No Cash-Out
1.795x
PASS
75.0% LTV · capped, short $47,939
Max Bid @ 20%
$38,145
FAIL
✗ $47,854 over max
Total Invested
$26,533
down + points + costs + holding, pre-refi
Cash Left in Deal
$74,472
after HM → DSCR cash-out refi
Value Generated
$14,999
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
-187.9%
Flip ROI
Cash to First Close
$11,474
what you bring day 1
Net Profit
−$49,867
Max Bid @ 20%
$38,145
−$49,867 profit  ÷  $26,533 total invested  =  -187.9%
Acquisition Event — First Close
Hard Money Loan — 9.5% Interest-Only
Loan Amount
$143,699
Purchase (95% LTV)
$81,699
Rehab (100%)
$62,000
Loan-to-ARV
108.0%
Monthly Interest
$1,138/mo
Down Payment5% of $85,999 purchase
$4,300
+
Origination Fee2 pts on $143,699 loan
$2,874
+
Closing Costs5% of purchase
$4,300
=
Cash to First Close
$11,474
Holding Period — 6 Months
HML Interest9.5% IO · $1,138/mo × 6$6,826
Property Taxes$216/mo × 6$1,294
Insurance$123/mo × 6$740
Total Holding Costs$8,859
Contingency Reserve10% of rehab — held, not at first close$6,200
Sale Event — Second Close
Sale Price (ARV)
$133,000
HML Principal Payofffull IO loan balance
$143,699
Closing Costs3.5% of sale price
$4,655
Realtor Commission6% of sale price
$7,980
=
Net Proceeds to You
−$23,334
Deal Summary
Net Proceeds at Closing
−$23,334
Cash to First Close
$11,474
Holding Costs (6 mo)
$8,859
Contingency Reserve
$6,200
=
NET PROFIT
−$49,867
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$39,768−$46,231
15%$38,950−$47,049
20%$38,145−$47,854
25%$37,351−$48,648
30%$36,568−$49,431
Scenario 2 — HM→DSCR
Hard money @ 9.5% IO → DSCR refi · 75% ARV · 6.5% / 30yr
PASSES DSCR
Min 1.30x · 6.5% / 30-yr DSCR · 75% of ARV
1.795x
DSCR
Monthly Cash Flow
$501/mo
Cash-on-Cash Yr 1
8.1%
$74,472 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.5% Interest-Only
Loan Amount
$143,699
Purchase (95% LTV)
$81,699
Rehab (100%)
$62,000
Loan-to-ARV
108.0%
Monthly Interest
$1,138/mo
Down Payment5% of $85,999 purchase
$4,300
+
Origination Fee2 pts on $143,699 loan
$2,874
+
Closing Costs5% of purchase
$4,300
=
Cash to First Close
$11,474
Holding Period — 6 Months
HML Interest9.5% IO · $1,138/mo × 6$6,826
Property Taxes$216/mo × 6$1,294
Insurance$123/mo × 6$740
Total Holding Costs$8,859
Contingency Reserve10% of rehab — held, not at first close$6,200
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 6.5% / 30yr
$99,750
HML Principal Payofffull IO loan balance
$143,699
Origination Fee2 pts on $99,750
$1,995
Closing Coststitle / appraisal / escrow
$1,995
=
Cash to Bring to Close
−$47,939
Deal Summary
Cash to First Close
$11,474
+
Holding Costs (6 mo)
$8,859
+
Contingency Reserve
$6,200
Cash to Bring at Refi
+$47,939
=
Capital Left in Deal
$74,472
Equity Position — Day 1 Post-Refi
ARV
$133,000
DSCR Loan Balance
$99,750
=
Equity in Property
$33,250 (25.0%)
Capital Left in Deal
$74,472
=
Value Created
−$41,222
$33,250 equity on $74,472 deployed = 0.4× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,671
Property Taxes
$216
Insurance
$123
Maintenance (6% rent)
$100
Management (6% rent)
$100
=
OpEx Subtotal
$539
=
Net Operating Income
$1,132
DSCR P&I
$630/mo
=
Net Cash Flow
$501/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$99,750
Monthly P&I$630/mo
Net Cash Flow$501/mo
Cash Still Required−$47,939
DSCR
1.795x✓ Pass
Lender DSCR
1.724x✓ Pass
No Cash-Out
75.0% LTV — capped short $47,939
Loan Amount$99,750
Monthly P&I$630/mo
Net Cash Flow$501/mo
Cash Still Required−$47,939
DSCR
1.795x✓ Pass
Lender DSCR
1.724x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,102/mo✓ met
1.10x$1,173/mo✓ met
1.20x$1,245/mo✓ met
1.30x$1,317/mo✓ met
1.40x$1,388/mo✓ met
Scenario 3 — Cash→DSCR
All-cash purchase → DSCR refi · 75% ARV · 6.5% / 30yr
PASSES DSCR
Min 1.30x · 6.5% / 30-yr DSCR · 75% of ARV
1.795x
DSCR
Monthly Cash Flow
$501/mo
Cash-on-Cash Yr 1
9.3%
$64,772 left in deal
Acquisition Event — First Close
Purchase Price
$85,999
+
Rehab Budget
$62,000
+
Closing Costs5% of purchase
$4,300
=
Total Cash to First Close
$152,299
Holding Period — 6 Months
Property Taxes$216/mo × 6$1,294
Insurance$123/mo × 6$740
Total Holding Costs$2,033
Contingency Reserve10% of rehab — held, not at first close$6,200
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 6.5% / 30yr
$99,750
Origination Fee2 pts on $99,750
$1,995
Closing Coststitle / appraisal / escrow
$1,995
=
Net Cash Recovered
$95,760
Deal Summary
Total Cash to First Close
$152,299
+
Holding Costs (6 mo)
$2,033
+
Contingency Reserve
$6,200
Net Cash Recovered at Refi
$95,760
=
Capital Left in Deal
$64,772
Equity Position — Day 1 Post-Refi
ARV
$133,000
DSCR Loan Balance
$99,750
=
Equity in Property
$33,250 (25.0%)
Capital Left in Deal
$64,772
=
Value Created
−$31,522
$33,250 equity on $64,772 deployed = 0.5× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,671
Property Taxes
$216
Insurance
$123
Maintenance (6% rent)
$100
Management (6% rent)
$100
=
OpEx Subtotal
$539
=
Net Operating Income
$1,132
DSCR P&I
$630/mo
=
Net Cash Flow
$501/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$99,750
Monthly P&I$630/mo
Net Cash Flow$501/mo
Cash Still Required−$64,772
DSCR
1.795x✓ Pass
Lender DSCR
1.724x✓ Pass
No Cash-Out
75.0% LTV — capped short $64,772
Loan Amount$99,750
Monthly P&I$630/mo
Net Cash Flow$501/mo
Cash Still Required−$64,772
DSCR
1.795x✓ Pass
Lender DSCR
1.724x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,102/mo✓ met
1.10x$1,173/mo✓ met
1.20x$1,245/mo✓ met
1.30x$1,317/mo✓ met
1.40x$1,388/mo✓ met
30-Year Hold Projection
Click to expand
DSCR loan $99,750 @ 6.5% · 3% rent growth · Via Hard Money · Via All Cash (same DSCR loan)