6715 La Puente Dr, Houston, TX 77083
3bd / 2ba · 1,778 sqft · built 1978 · Single Family (SFR)Analyzed May 18, 2026$
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Scenario 1 — Flip
Hard money loan · sell at ARV after rehab
❌
FAILS FLIP
Min 20% ROI · 6-mo hold
-49.8%
Flip ROI
Cash to First Close
$21,500
what you bring day 1
Net Profit
−$19,196
Max Bid @ 20%
$166,898
−$19,196 profit ÷ $38,567 total invested = -49.8%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$210,499
Purchase (95% LTV)
$180,499
Rehab (100%)
$30,000
Loan-to-ARV
82.9%
Monthly Interest
$1,752/mo
Down Payment5% of $189,999 purchase
$9,500+
Origination Fee1 pts on $210,499 loan
$2,500+
Closing Costs5% of purchase
$9,500=
Cash to First Close
$21,500Holding Period — 6 Months
HML Interest9.99% IO · $1,752/mo × 6$10,514
Property Taxes$409/mo × 6$2,453
Insurance$183/mo × 6$1,100
Total Holding Costs$14,067
Contingency Reserve10% of rehab — held, not at first close$3,000
Sale Event — Second Close
Sale Price (ARV)
$254,000−
HML Principal Payofffull IO loan balance
$210,499−
Closing Costs3.5% of sale price
$8,890−
Realtor Commission6% of sale price
$15,240=
Net Proceeds to You
$19,371Deal Summary
Net Proceeds at Closing
$19,371−
Cash to First Close
$21,500−
Holding Costs (6 mo)
$14,067−
Contingency Reserve
$3,000=
NET PROFIT
−$19,196Max Bid by ROI Target
| ROI | Max Bid | vs Offer |
|---|---|---|
| 10% | $169,950 | −$20,049 |
| 15% | $168,413 | −$21,586 |
| 20% ← | $166,898 | −$23,101 |
| 25% | $165,404 | −$24,595 |
| 30% | $163,931 | −$26,068 |
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
0.837x
DSCR
Monthly Cash Flow
−$208/mo
Cash-on-Cash Yr 1
-4.6%
$54,903 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$210,499
Purchase (95% LTV)
$180,499
Rehab (100%)
$30,000
Loan-to-ARV
82.9%
Monthly Interest
$1,752/mo
Down Payment5% of $189,999 purchase
$9,500+
Origination Fee1 pts on $210,499 loan
$2,500+
Closing Costs5% of purchase
$9,500=
Cash to First Close
$21,500Holding Period — 2 Months
HML Interest9.99% IO · $1,752/mo × 2$3,505
Property Taxes$409/mo × 2$818
Insurance$183/mo × 2$367
Total Holding Costs$4,689
Contingency Reserve10% of rehab — held, not at first close$3,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$190,500−
HML Principal Payofffull IO loan balance
$210,499−
Origination Fee1 pts on $190,500
$1,905−
Closing Coststitle / appraisal / escrow
$3,810=
Cash to Bring to Close
−$25,714Deal Summary
Cash to First Close
$21,500+
Holding Costs (2 mo)
$4,689+
Contingency Reserve
$3,000−
Cash to Bring at Refi
+$25,714=
Capital Left in Deal
$54,903Equity Position — Day 1 Post-Refi
ARV
$254,000−
DSCR Loan Balance
$190,500=
Equity in Property
$63,500 (25.0%)−
Capital Left in Deal
$54,903=
Value Created
$8,597$63,500 equity on $54,903 deployed = 1.2× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,891−
Property Taxes
$409−
Insurance
$183−
Maintenance (6% rent)
$113−
Management (6% rent)
$113=
OpEx Subtotal
$819=
Net Operating Income
$1,072−
DSCR P&I
$1,280/mo=
Net Cash Flow
−$208/moDSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$190,500
Monthly P&I$1,280/mo
Net Cash Flow−$208/mo
Cash Still Required−$25,714
DSCR
0.837x✗ Fail
Lender DSCR
1.010x✓ Pass
No Cash-Out
75.0% LTV — capped short $25,714
Loan Amount$190,500
Monthly P&I$1,280/mo
Net Cash Flow−$208/mo
Cash Still Required−$25,714
DSCR
0.837x✗ Fail
Lender DSCR
1.010x✓ Pass
Required Rent by DSCR Target
| Target | Rent Needed | vs Current |
|---|---|---|
| 1.00x | $2,128/mo | +$237 needed |
| 1.10x | $2,273/mo | +$382 needed |
| 1.20x | $2,419/mo | +$528 needed |
| 1.30x ← | $2,564/mo | +$673 needed |
| 1.40x | $2,710/mo | +$819 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
0.837x
DSCR
Monthly Cash Flow
−$208/mo
Cash-on-Cash Yr 1
-5.1%
$48,898 left in deal
Acquisition Event — First Close
Purchase Price
$189,999+
Rehab Budget
$30,000+
Closing Costs5% of purchase
$9,500=
Total Cash to First Close
$229,499Holding Period — 2 Months
Property Taxes$409/mo × 2$818
Insurance$183/mo × 2$367
Total Holding Costs$1,184
Contingency Reserve10% of rehab — held, not at first close$3,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$190,500−
Origination Fee1 pts on $190,500
$1,905−
Closing Coststitle / appraisal / escrow
$3,810=
Net Cash Recovered
$184,785Deal Summary
Total Cash to First Close
$229,499+
Holding Costs (2 mo)
$1,184+
Contingency Reserve
$3,000−
Net Cash Recovered at Refi
$184,785=
Capital Left in Deal
$48,898Equity Position — Day 1 Post-Refi
ARV
$254,000−
DSCR Loan Balance
$190,500=
Equity in Property
$63,500 (25.0%)−
Capital Left in Deal
$48,898=
Value Created
$14,602$63,500 equity on $48,898 deployed = 1.3× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,891−
Property Taxes
$409−
Insurance
$183−
Maintenance (6% rent)
$113−
Management (6% rent)
$113=
OpEx Subtotal
$819=
Net Operating Income
$1,072−
DSCR P&I
$1,280/mo=
Net Cash Flow
−$208/moDSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$190,500
Monthly P&I$1,280/mo
Net Cash Flow−$208/mo
Cash Still Required−$48,898
DSCR
0.837x✗ Fail
Lender DSCR
1.010x✓ Pass
No Cash-Out
75.0% LTV — capped short $48,898
Loan Amount$190,500
Monthly P&I$1,280/mo
Net Cash Flow−$208/mo
Cash Still Required−$48,898
DSCR
0.837x✗ Fail
Lender DSCR
1.010x✓ Pass
Required Rent by DSCR Target
| Target | Rent Needed | vs Current |
|---|---|---|
| 1.00x | $2,128/mo | +$237 needed |
| 1.10x | $2,273/mo | +$382 needed |
| 1.20x | $2,419/mo | +$528 needed |
| 1.30x ← | $2,564/mo | +$673 needed |
| 1.40x | $2,710/mo | +$819 needed |