MMX Group/6205 Jensen Dr, Houston, TX 77026
Flip618.6%✓
HM→DSCR1.348x✓
Cash→DSCR1.348x✓
New Deal

6205 Jensen Dr, Houston, TX 77026

3bd / 2ba · 2,273 sqft · built 1940 · Single Family (SFR)Analyzed Jun 26, 2026
Flip ROI
618.6%
PASS
+$105,776 profit
6-mo hold · profit ÷ cash out
DSCR — 75% LTV
1.348x
PASS
cash-out refi · NOI / debt service
DSCR — No Cash-Out
2.734x
PASS
37.0% LTV · HML payoff refi
Max Bid @ 20%
$176,220
PASS
✓ offer $85,000 under max
Total Invested
$13,033
down + points + costs + holding, pre-refi
Cash Out at Refi
$69,905
after HM → DSCR cash-out refi
Value Generated
$140,000
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
618.6%
Flip ROI
Cash to First Close
$11,000
what you bring day 1
Net Profit
$105,776
Max Bid @ 20%
$176,220
$105,776 profit  ÷  $17,099 total invested  =  618.6%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$80,750
Purchase (95% LTV)
$80,750
Loan-to-ARV
35.9%
Monthly Interest
$672/mo
Down Payment5% of $85,000 purchase
$4,250
+
Origination Fee1 pts on $80,750 loan
$2,500
+
Closing Costs5% of purchase
$4,250
=
Cash to First Close
$11,000
Holding Period — 6 Months
HML Interest9.99% IO · $672/mo × 6$4,033
Property Taxes$273/mo × 6$1,641
Insurance$71/mo × 6$425
Total Holding Costs$6,099
Sale Event — Second Close
Sale Price (ARV)
$225,000
−
HML Principal Payofffull IO loan balance
$80,750
−
Closing Costs3.5% of sale price
$7,875
−
Realtor Commission6% of sale price
$13,500
=
Net Proceeds to You
$122,875
Deal Summary
Net Proceeds at Closing
$122,875
−
Cash to First Close
$11,000
−
Holding Costs (6 mo)
$6,099
=
NET PROFIT
$105,776
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$178,895✓ ok
15%$177,548✓ ok
20% ←$176,220✓ ok
25%$174,911✓ ok
30%$173,620✓ 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
1.348x
DSCR
Monthly Cash Flow
$395/mo
Cash-on-Cash Yr 1
N/A
−$69,905 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$80,750
Purchase (95% LTV)
$80,750
Loan-to-ARV
35.9%
Monthly Interest
$672/mo
Down Payment5% of $85,000 purchase
$4,250
+
Origination Fee1 pts on $80,750 loan
$2,500
+
Closing Costs5% of purchase
$4,250
=
Cash to First Close
$11,000
Holding Period — 2 Months
HML Interest9.99% IO · $672/mo × 2$1,344
Property Taxes$273/mo × 2$547
Insurance$71/mo × 2$142
Total Holding Costs$2,033
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$168,750
−
HML Principal Payofffull IO loan balance
$80,750
−
Origination Fee1 pts on $168,750
$1,688
−
Closing Coststitle / appraisal / escrow
$3,375
=
Cash Back to You
+$82,938
Deal Summary
Cash to First Close
$11,000
+
Holding Costs (2 mo)
$2,033
−
Cash Back at Refi
−$82,938
=
Capital Left in Deal
−$69,905
Equity Position — Day 1 Post-Refi
ARV
$225,000
−
DSCR Loan Balance
$168,750
=
Equity in Property
$56,250 (25.0%)
−
Capital Left in Deal
−$69,905
=
Value Created
$126,155
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,129
−
Property Taxes
$273
−
Insurance
$71
−
Maintenance (6% rent)
$128
−
Management (6% rent)
$128
=
OpEx Subtotal
$600
=
Net Operating Income
$1,529
−
DSCR P&I
$1,134/mo
=
Net Cash Flow
$395/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$168,750
Monthly P&I$1,134/mo
Net Cash Flow$395/mo
Cash Back at Refi+$82,938
DSCR
1.348x✓ Pass
Lender DSCR
1.440x✓ Pass
No Cash-Out
37.0% LTV — breakeven refi
Loan Amount$83,247
Monthly P&I$559/mo
Net Cash Flow$970/mo
Cash Back at Refi+$0
DSCR
2.734x✓ Pass
Lender DSCR
2.356x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,680/mo✓ met
1.10x$1,809/mo✓ met
1.20x$1,938/mo✓ met
1.30x ←$2,067/mo✓ met
1.40x$2,195/mo+$66 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
1.348x
DSCR
Monthly Cash Flow
$395/mo
Cash-on-Cash Yr 1
N/A
−$73,749 left in deal
Acquisition Event — First Close
Purchase Price
$85,000
+
Closing Costs5% of purchase
$4,250
=
Total Cash to First Close
$89,250
Holding Period — 2 Months
Property Taxes$273/mo × 2$547
Insurance$71/mo × 2$142
Total Holding Costs$689
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$168,750
−
Origination Fee1 pts on $168,750
$1,688
−
Closing Coststitle / appraisal / escrow
$3,375
=
Net Cash Recovered
$163,688
Deal Summary
Total Cash to First Close
$89,250
+
Holding Costs (2 mo)
$689
−
Net Cash Recovered at Refi
$163,688
=
Capital Left in Deal
−$73,749
Equity Position — Day 1 Post-Refi
ARV
$225,000
−
DSCR Loan Balance
$168,750
=
Equity in Property
$56,250 (25.0%)
−
Capital Left in Deal
−$73,749
=
Value Created
$129,999
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,129
−
Property Taxes
$273
−
Insurance
$71
−
Maintenance (6% rent)
$128
−
Management (6% rent)
$128
=
OpEx Subtotal
$600
=
Net Operating Income
$1,529
−
DSCR P&I
$1,134/mo
=
Net Cash Flow
$395/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$168,750
Monthly P&I$1,134/mo
Net Cash Flow$395/mo
Cash Back at Refi+$73,749
DSCR
1.348x✓ Pass
Lender DSCR
1.440x✓ Pass
No Cash-Out
41.2% LTV — breakeven refi
Loan Amount$92,720
Monthly P&I$623/mo
Net Cash Flow$906/mo
Cash Back at Refi+$0
DSCR
2.454x✓ Pass
Lender DSCR
2.201x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,680/mo✓ met
1.10x$1,809/mo✓ met
1.20x$1,938/mo✓ met
1.30x ←$2,067/mo✓ met
1.40x$2,195/mo+$66 needed
30-Year Hold Projection
Click to expand
DSCR loan $168,750 @ 7.1% · 3% rent growth · Via Hard Money · Via All Cash (same DSCR loan)