6722 Indian Lake Dr, Missouri City, TX 77489
3bd / 2ba · 1,833 sqft · built 1972 · Single Family (SFR)Analyzed Jul 13, 2026$
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Scenario 1 — Flip
Hard money loan · sell at ARV after rehab
❌
FAILS FLIP
Min 20% ROI · 6-mo hold
11.1%
Flip ROI
Cash to First Close
$19,834
what you bring day 1
Net Profit
$3,505
Max Bid @ 20%
$157,491
$3,505 profit ÷ $31,698 total invested = 11.1%
Acquisition Event — First Close
Hard Money Loan — 9.5% Interest-Only
Loan Amount
$191,953
Purchase (95% LTV)
$151,953
Rehab (100%)
$40,000
Loan-to-ARV
76.5%
Monthly Interest
$1,520/mo
Down Payment5% of $159,950 purchase
$7,998+
Origination Fee2 pts on $191,953 loan
$3,839+
Closing Costs5% of purchase
$7,998=
Cash to First Close
$19,834Holding Period — 6 Months
HML Interest9.5% IO · $1,520/mo × 6$9,118
Property Taxes$291/mo × 6$1,746
Insurance$167/mo × 6$1,000
Total Holding Costs$11,863
Contingency Reserve0% of rehab — held, not at first close$0
Sale Event — Second Close
Sale Price (ARV)
$251,000−
HML Principal Payofffull IO loan balance
$191,953−
Closing Costs3.5% of sale price
$8,785−
Realtor Commission6% of sale price
$15,060=
Net Proceeds to You
$35,203Deal Summary
Net Proceeds at Closing
$35,203−
Cash to First Close
$19,834−
Holding Costs (6 mo)
$11,863−
Contingency Reserve
$0=
NET PROFIT
$3,505Max Bid by ROI Target
| ROI | Max Bid | vs Offer |
|---|---|---|
| 10% | $160,245 | ✓ ok |
| 15% | $158,858 | −$1,092 |
| 20% ← | $157,491 | −$2,459 |
| 25% | $156,145 | −$3,805 |
| 30% | $154,818 | −$5,132 |
Scenario 2 — HM→DSCR
Hard money @ 9.5% IO → DSCR refi · 75% ARV · 6.5% / 30yr
❌
FAILS DSCR
Min 1.30x · 6.5% / 30-yr DSCR · 75% of ARV
0.902x
DSCR
Monthly Cash Flow
−$117/mo
Cash-on-Cash Yr 1
-3.8%
$36,998 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.5% Interest-Only
Loan Amount
$191,953
Purchase (95% LTV)
$151,953
Rehab (100%)
$40,000
Loan-to-ARV
76.5%
Monthly Interest
$1,520/mo
Down Payment5% of $159,950 purchase
$7,998+
Origination Fee2 pts on $191,953 loan
$3,839+
Closing Costs5% of purchase
$7,998=
Cash to First Close
$19,834Holding Period — 3 Months
HML Interest9.5% IO · $1,520/mo × 3$4,559
Property Taxes$291/mo × 3$873
Insurance$167/mo × 3$500
Total Holding Costs$5,932
Contingency Reserve0% of rehab — held, not at first close$0
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 6.5% / 30yr
$188,250−
HML Principal Payofffull IO loan balance
$191,953−
Origination Fee2 pts on $188,250
$3,765−
Closing Coststitle / appraisal / escrow
$3,765=
Cash to Bring to Close
−$11,233Deal Summary
Cash to First Close
$19,834+
Holding Costs (3 mo)
$5,932+
Contingency Reserve
$0−
Cash to Bring at Refi
+$11,233=
Capital Left in Deal
$36,998Equity Position — Day 1 Post-Refi
ARV
$251,000−
DSCR Loan Balance
$188,250=
Equity in Property
$62,750 (25.0%)−
Capital Left in Deal
$36,998=
Value Created
$25,752$62,750 equity on $36,998 deployed = 1.7× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,739−
Property Taxes
$291−
Insurance
$167−
Maintenance (6% rent)
$104−
Management (6% rent)
$104=
OpEx Subtotal
$666=
Net Operating Income
$1,073−
DSCR P&I
$1,190/mo=
Net Cash Flow
−$117/moDSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$188,250
Monthly P&I$1,190/mo
Net Cash Flow−$117/mo
Cash Still Required−$11,233
DSCR
0.902x✗ Fail
Lender DSCR
1.056x✓ Pass
No Cash-Out
75.0% LTV — capped short $11,233
Loan Amount$188,250
Monthly P&I$1,190/mo
Net Cash Flow−$117/mo
Cash Still Required−$11,233
DSCR
0.902x✗ Fail
Lender DSCR
1.056x✓ Pass
Required Rent by DSCR Target
| Target | Rent Needed | vs Current |
|---|---|---|
| 1.00x | $1,872/mo | +$133 needed |
| 1.10x | $2,007/mo | +$268 needed |
| 1.20x | $2,143/mo | +$404 needed |
| 1.30x ← | $2,278/mo | +$539 needed |
| 1.40x | $2,413/mo | +$674 needed |
Scenario 3 — Cash→DSCR
All-cash purchase → DSCR refi · 75% ARV · 6.5% / 30yr
❌
FAILS DSCR
Min 1.30x · 6.5% / 30-yr DSCR · 75% of ARV
0.902x
DSCR
Monthly Cash Flow
−$117/mo
Cash-on-Cash Yr 1
-4.9%
$28,600 left in deal
Acquisition Event — First Close
Purchase Price
$159,950+
Rehab Budget
$40,000+
Closing Costs5% of purchase
$7,998=
Total Cash to First Close
$207,948Holding Period — 3 Months
Property Taxes$291/mo × 3$873
Insurance$167/mo × 3$500
Total Holding Costs$1,373
Contingency Reserve0% of rehab — held, not at first close$0
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 6.5% / 30yr
$188,250−
Origination Fee2 pts on $188,250
$3,765−
Closing Coststitle / appraisal / escrow
$3,765=
Net Cash Recovered
$180,720Deal Summary
Total Cash to First Close
$207,948+
Holding Costs (3 mo)
$1,373+
Contingency Reserve
$0−
Net Cash Recovered at Refi
$180,720=
Capital Left in Deal
$28,600Equity Position — Day 1 Post-Refi
ARV
$251,000−
DSCR Loan Balance
$188,250=
Equity in Property
$62,750 (25.0%)−
Capital Left in Deal
$28,600=
Value Created
$34,150$62,750 equity on $28,600 deployed = 2.2× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,739−
Property Taxes
$291−
Insurance
$167−
Maintenance (6% rent)
$104−
Management (6% rent)
$104=
OpEx Subtotal
$666=
Net Operating Income
$1,073−
DSCR P&I
$1,190/mo=
Net Cash Flow
−$117/moDSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$188,250
Monthly P&I$1,190/mo
Net Cash Flow−$117/mo
Cash Still Required−$28,600
DSCR
0.902x✗ Fail
Lender DSCR
1.056x✓ Pass
No Cash-Out
75.0% LTV — capped short $28,600
Loan Amount$188,250
Monthly P&I$1,190/mo
Net Cash Flow−$117/mo
Cash Still Required−$28,600
DSCR
0.902x✗ Fail
Lender DSCR
1.056x✓ Pass
Required Rent by DSCR Target
| Target | Rent Needed | vs Current |
|---|---|---|
| 1.00x | $1,872/mo | +$133 needed |
| 1.10x | $2,007/mo | +$268 needed |
| 1.20x | $2,143/mo | +$404 needed |
| 1.30x ← | $2,278/mo | +$539 needed |
| 1.40x | $2,413/mo | +$674 needed |