702 Woodhue St, Channelview, TX 77530
3bd / 2ba · 1,670 sqft · built 1955 · Single Family (SFR)Analyzed Apr 21, 2026$
$
$
$
$
$
Scenario 1 — Flip
Hard money loan · sell at ARV after rehab
❌
FAILS FLIP
Min 20% ROI · 6-mo hold
-259.8%
Flip ROI
Cash to First Close
$11,490
what you bring day 1
Net Profit
−$166,066
Max Bid @ 20%
$0
−$166,066 profit ÷ $63,912 total invested = -259.8%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$373,654
Purchase (95% LTV)
$73,654
Rehab (100%)
$300,000
Loan-to-ARV
124.6%
Monthly Interest
$3,111/mo
Down Payment5% of $77,530 purchase
$3,877+
Origination Fee1 pts on $373,654 loan
$3,737+
Closing Costs5% of purchase
$3,877=
Cash to First Close
$11,490Holding Period — 6 Months
HML Interest9.99% IO · $3,111/mo × 6$18,664
Property Taxes$312/mo × 6$1,871
Insurance$315/mo × 6$1,888
Total Holding Costs$22,423
Contingency Reserve10% of rehab — held, not at first close$30,000
Sale Event — Second Close
Sale Price (ARV)
$300,000−
HML Principal Payofffull IO loan balance
$373,654−
Closing Costs3.5% of sale price
$10,500−
Realtor Commission6% of sale price
$18,000=
Net Proceeds to You
−$102,153Deal Summary
Net Proceeds at Closing
−$102,153−
Cash to First Close
$11,490−
Holding Costs (6 mo)
$22,423−
Contingency Reserve
$30,000=
NET PROFIT
−$166,066Max Bid by ROI Target
| ROI | Max Bid | vs Offer |
|---|---|---|
| 10% | $0 | −$77,530 |
| 15% | $0 | −$77,530 |
| 20% ← | $0 | −$77,530 |
| 25% | $0 | −$77,530 |
| 30% | $0 | −$77,530 |
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
0.519x
DSCR
Monthly Cash Flow
−$727/mo
Cash-on-Cash Yr 1
-4.3%
$204,367 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$373,654
Purchase (95% LTV)
$73,654
Rehab (100%)
$300,000
Loan-to-ARV
124.6%
Monthly Interest
$3,111/mo
Down Payment5% of $77,530 purchase
$3,877+
Origination Fee1 pts on $373,654 loan
$3,737+
Closing Costs5% of purchase
$3,877=
Cash to First Close
$11,490Holding Period — 2 Months
HML Interest9.99% IO · $3,111/mo × 2$6,221
Property Taxes$312/mo × 2$624
Insurance$315/mo × 2$629
Total Holding Costs$7,474
Contingency Reserve10% of rehab — held, not at first close$30,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$225,000−
HML Principal Payofffull IO loan balance
$373,654−
Origination Fee1 pts on $225,000
$2,250−
Closing Coststitle / appraisal / escrow
$4,500=
Cash to Bring to Close
−$155,404Deal Summary
Cash to First Close
$11,490+
Holding Costs (2 mo)
$7,474+
Contingency Reserve
$30,000−
Cash to Bring at Refi
+$155,404=
Capital Left in Deal
$204,367Equity Position — Day 1 Post-Refi
ARV
$300,000−
DSCR Loan Balance
$225,000=
Equity in Property
$75,000 (25.0%)−
Capital Left in Deal
$204,367=
Value Created
−$129,367$75,000 equity on $204,367 deployed = 0.4× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,604−
Property Taxes
$312−
Insurance
$315−
Maintenance (6% rent)
$96−
Management (6% rent)
$96=
OpEx Subtotal
$819=
Net Operating Income
$785−
DSCR P&I
$1,512/mo=
Net Cash Flow
−$727/moDSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$225,000
Monthly P&I$1,512/mo
Net Cash Flow−$727/mo
Cash Still Required−$155,404
DSCR
0.519x✗ Fail
Lender DSCR
0.750x✗ Fail
No Cash-Out
75.0% LTV — capped short $155,404
Loan Amount$225,000
Monthly P&I$1,512/mo
Net Cash Flow−$727/mo
Cash Still Required−$155,404
DSCR
0.519x✗ Fail
Lender DSCR
0.750x✗ Fail
Required Rent by DSCR Target
| Target | Rent Needed | vs Current |
|---|---|---|
| 1.00x | $2,430/mo | +$826 needed |
| 1.10x | $2,602/mo | +$998 needed |
| 1.20x | $2,774/mo | +$1,170 needed |
| 1.30x ← | $2,946/mo | +$1,342 needed |
| 1.40x | $3,117/mo | +$1,513 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
0.519x
DSCR
Monthly Cash Flow
−$727/mo
Cash-on-Cash Yr 1
-4.5%
$194,409 left in deal
Acquisition Event — First Close
Purchase Price
$77,530+
Rehab Budget
$300,000+
Closing Costs5% of purchase
$3,877=
Total Cash to First Close
$381,407Holding Period — 2 Months
Property Taxes$312/mo × 2$624
Insurance$315/mo × 2$629
Total Holding Costs$1,253
Contingency Reserve10% of rehab — held, not at first close$30,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$225,000−
Origination Fee1 pts on $225,000
$2,250−
Closing Coststitle / appraisal / escrow
$4,500=
Net Cash Recovered
$218,250Deal Summary
Total Cash to First Close
$381,407+
Holding Costs (2 mo)
$1,253+
Contingency Reserve
$30,000−
Net Cash Recovered at Refi
$218,250=
Capital Left in Deal
$194,409Equity Position — Day 1 Post-Refi
ARV
$300,000−
DSCR Loan Balance
$225,000=
Equity in Property
$75,000 (25.0%)−
Capital Left in Deal
$194,409=
Value Created
−$119,409$75,000 equity on $194,409 deployed = 0.4× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,604−
Property Taxes
$312−
Insurance
$315−
Maintenance (6% rent)
$96−
Management (6% rent)
$96=
OpEx Subtotal
$819=
Net Operating Income
$785−
DSCR P&I
$1,512/mo=
Net Cash Flow
−$727/moDSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$225,000
Monthly P&I$1,512/mo
Net Cash Flow−$727/mo
Cash Still Required−$194,409
DSCR
0.519x✗ Fail
Lender DSCR
0.750x✗ Fail
No Cash-Out
75.0% LTV — capped short $194,409
Loan Amount$225,000
Monthly P&I$1,512/mo
Net Cash Flow−$727/mo
Cash Still Required−$194,409
DSCR
0.519x✗ Fail
Lender DSCR
0.750x✗ Fail
Required Rent by DSCR Target
| Target | Rent Needed | vs Current |
|---|---|---|
| 1.00x | $2,430/mo | +$826 needed |
| 1.10x | $2,602/mo | +$998 needed |
| 1.20x | $2,774/mo | +$1,170 needed |
| 1.30x ← | $2,946/mo | +$1,342 needed |
| 1.40x | $3,117/mo | +$1,513 needed |