MMX Group/7502 Woodsman Trl, Houston, TX 77040
Flip-50.3%
HM→DSCR0.994x
Cash→DSCR0.994x
New Deal

7502 Woodsman Trl, Houston, TX 77040

3bd / 1.5ba · 1,022 sqft · built 1976 · Single Family (SFR)Analyzed Jun 16, 2026
Flip ROI
-50.3%
FAIL
−$15,348 loss
6-mo hold · profit ÷ cash out
DSCR — 75% LTV
0.994x
FAIL
cash-out refi · NOI / debt service
DSCR — No Cash-Out
0.994x
FAIL
75.0% LTV · capped, short $19,954
Max Bid @ 20%
$102,152
FAIL
✗ $17,847 over max
Total Invested
$23,179
down + points + costs + holding, pre-refi
Cash Left in Deal
$43,134
after HM → DSCR cash-out refi
Value Generated
$28,001
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
-50.3%
Flip ROI
Cash to First Close
$14,500
what you bring day 1
Net Profit
−$15,348
Max Bid @ 20%
$102,152
−$15,348 profit  ÷  $30,539 total invested  =  -50.3%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$163,999
Purchase (95% LTV)
$113,999
Rehab (100%)
$50,000
Loan-to-ARV
82.8%
Monthly Interest
$1,365/mo
Down Payment5% of $119,999 purchase
$6,000
+
Origination Fee1 pts on $163,999 loan
$2,500
+
Closing Costs5% of purchase
$6,000
=
Cash to First Close
$14,500
Holding Period — 6 Months
HML Interest9.99% IO · $1,365/mo × 6$8,192
Property Taxes$333/mo × 6$1,997
Insurance$142/mo × 6$850
Total Holding Costs$11,039
Contingency Reserve10% of rehab — held, not at first close$5,000
Sale Event — Second Close
Sale Price (ARV)
$198,000
HML Principal Payofffull IO loan balance
$163,999
Closing Costs3.5% of sale price
$6,930
Realtor Commission6% of sale price
$11,880
=
Net Proceeds to You
$15,191
Deal Summary
Net Proceeds at Closing
$15,191
Cash to First Close
$14,500
Holding Costs (6 mo)
$11,039
Contingency Reserve
$5,000
=
NET PROFIT
−$15,348
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$104,526−$15,473
15%$103,331−$16,668
20%$102,152−$17,847
25%$100,989−$19,010
30%$99,843−$20,156
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
0.994x
DSCR
Monthly Cash Flow
−$6/mo
Cash-on-Cash Yr 1
-0.2%
$43,134 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$163,999
Purchase (95% LTV)
$113,999
Rehab (100%)
$50,000
Loan-to-ARV
82.8%
Monthly Interest
$1,365/mo
Down Payment5% of $119,999 purchase
$6,000
+
Origination Fee1 pts on $163,999 loan
$2,500
+
Closing Costs5% of purchase
$6,000
=
Cash to First Close
$14,500
Holding Period — 2 Months
HML Interest9.99% IO · $1,365/mo × 2$2,731
Property Taxes$333/mo × 2$666
Insurance$142/mo × 2$283
Total Holding Costs$3,680
Contingency Reserve10% of rehab — held, not at first close$5,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$148,500
HML Principal Payofffull IO loan balance
$163,999
Origination Fee1 pts on $148,500
$1,485
Closing Coststitle / appraisal / escrow
$2,970
=
Cash to Bring to Close
−$19,954
Deal Summary
Cash to First Close
$14,500
+
Holding Costs (2 mo)
$3,680
+
Contingency Reserve
$5,000
Cash to Bring at Refi
+$19,954
=
Capital Left in Deal
$43,134
Equity Position — Day 1 Post-Refi
ARV
$198,000
DSCR Loan Balance
$148,500
=
Equity in Property
$49,500 (25.0%)
Capital Left in Deal
$43,134
=
Value Created
$6,366
$49,500 equity on $43,134 deployed = 1.1× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,667
Property Taxes
$333
Insurance
$142
Maintenance (6% rent)
$100
Management (6% rent)
$100
=
OpEx Subtotal
$675
=
Net Operating Income
$992
DSCR P&I
$998/mo
=
Net Cash Flow
−$6/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$148,500
Monthly P&I$998/mo
Net Cash Flow−$6/mo
Cash Still Required−$19,954
DSCR
0.994x✗ Fail
Lender DSCR
1.132x✓ Pass
No Cash-Out
75.0% LTV — capped short $19,954
Loan Amount$148,500
Monthly P&I$998/mo
Net Cash Flow−$6/mo
Cash Still Required−$19,954
DSCR
0.994x✗ Fail
Lender DSCR
1.132x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,673/mo+$6 needed
1.10x$1,787/mo+$120 needed
1.20x$1,900/mo+$233 needed
1.30x$2,013/mo+$346 needed
1.40x$2,127/mo+$460 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
0.994x
DSCR
Monthly Cash Flow
−$6/mo
Cash-on-Cash Yr 1
-0.2%
$37,903 left in deal
Acquisition Event — First Close
Purchase Price
$119,999
+
Rehab Budget
$50,000
+
Closing Costs5% of purchase
$6,000
=
Total Cash to First Close
$175,999
Holding Period — 2 Months
Property Taxes$333/mo × 2$666
Insurance$142/mo × 2$283
Total Holding Costs$949
Contingency Reserve10% of rehab — held, not at first close$5,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$148,500
Origination Fee1 pts on $148,500
$1,485
Closing Coststitle / appraisal / escrow
$2,970
=
Net Cash Recovered
$144,045
Deal Summary
Total Cash to First Close
$175,999
+
Holding Costs (2 mo)
$949
+
Contingency Reserve
$5,000
Net Cash Recovered at Refi
$144,045
=
Capital Left in Deal
$37,903
Equity Position — Day 1 Post-Refi
ARV
$198,000
DSCR Loan Balance
$148,500
=
Equity in Property
$49,500 (25.0%)
Capital Left in Deal
$37,903
=
Value Created
$11,597
$49,500 equity on $37,903 deployed = 1.3× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,667
Property Taxes
$333
Insurance
$142
Maintenance (6% rent)
$100
Management (6% rent)
$100
=
OpEx Subtotal
$675
=
Net Operating Income
$992
DSCR P&I
$998/mo
=
Net Cash Flow
−$6/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$148,500
Monthly P&I$998/mo
Net Cash Flow−$6/mo
Cash Still Required−$37,903
DSCR
0.994x✗ Fail
Lender DSCR
1.132x✓ Pass
No Cash-Out
75.0% LTV — capped short $37,903
Loan Amount$148,500
Monthly P&I$998/mo
Net Cash Flow−$6/mo
Cash Still Required−$37,903
DSCR
0.994x✗ Fail
Lender DSCR
1.132x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,673/mo+$6 needed
1.10x$1,787/mo+$120 needed
1.20x$1,900/mo+$233 needed
1.30x$2,013/mo+$346 needed
1.40x$2,127/mo+$460 needed
30-Year Hold Projection
Click to expand
DSCR loan $148,500 @ 7.1% · 3% rent growth · Via Hard Money · Via All Cash (same DSCR loan)