MMX Group/8014 Argentina St, Jersey Village, TX 77040
Flip-40.3%
HM→DSCR0.658x
Cash→DSCR0.658x
New Deal

8014 Argentina St, Jersey Village, TX 77040

5bd / 3.5ba · 3,466 sqft · built 1977 · Single Family (SFR)Analyzed Jul 2, 2026
Flip ROI
-40.3%
FAIL
−$27,413 loss
6-mo hold · profit ÷ cash out
DSCR — 75% LTV
0.658x
FAIL
cash-out refi · NOI / debt service
DSCR — No Cash-Out
0.658x
FAIL
75.0% LTV · capped, short $41,690
Max Bid @ 20%
$279,146
FAIL
✗ $35,854 over max
Total Invested
$51,556
down + points + costs + holding, pre-refi
Cash Left in Deal
$93,246
after HM → DSCR cash-out refi
Value Generated
$69,000
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
FAILS FLIP
Min 20% ROI · 6-mo hold
-40.3%
Flip ROI
Cash to First Close
$35,293
what you bring day 1
Net Profit
−$27,413
Max Bid @ 20%
$279,146
−$27,413 profit  ÷  $68,083 total invested  =  -40.3%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$379,250
Purchase (95% LTV)
$299,250
Rehab (100%)
$80,000
Loan-to-ARV
81.7%
Monthly Interest
$3,157/mo
Down Payment5% of $315,000 purchase
$15,750
+
Origination Fee1 pts on $379,250 loan
$3,793
+
Closing Costs5% of purchase
$15,750
=
Cash to First Close
$35,293
Holding Period — 6 Months
HML Interest9.99% IO · $3,157/mo × 6$18,944
Property Taxes$645/mo × 6$3,872
Insurance$329/mo × 6$1,975
Total Holding Costs$24,790
Contingency Reserve10% of rehab — held, not at first close$8,000
Sale Event — Second Close
Sale Price (ARV)
$464,000
HML Principal Payofffull IO loan balance
$379,250
Closing Costs3.5% of sale price
$16,240
Realtor Commission6% of sale price
$27,840
=
Net Proceeds to You
$40,670
Deal Summary
Net Proceeds at Closing
$40,670
Cash to First Close
$35,293
Holding Costs (6 mo)
$24,790
Contingency Reserve
$8,000
=
NET PROFIT
−$27,413
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$284,666−$30,334
15%$281,887−$33,113
20%$279,146−$35,854
25%$276,444−$38,556
30%$273,780−$41,220
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
0.658x
DSCR
Monthly Cash Flow
−$799/mo
Cash-on-Cash Yr 1
-10.3%
$93,246 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$379,250
Purchase (95% LTV)
$299,250
Rehab (100%)
$80,000
Loan-to-ARV
81.7%
Monthly Interest
$3,157/mo
Down Payment5% of $315,000 purchase
$15,750
+
Origination Fee1 pts on $379,250 loan
$3,793
+
Closing Costs5% of purchase
$15,750
=
Cash to First Close
$35,293
Holding Period — 2 Months
HML Interest9.99% IO · $3,157/mo × 2$6,315
Property Taxes$645/mo × 2$1,291
Insurance$329/mo × 2$658
Total Holding Costs$8,263
Contingency Reserve10% of rehab — held, not at first close$8,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$348,000
HML Principal Payofffull IO loan balance
$379,250
Origination Fee1 pts on $348,000
$3,480
Closing Coststitle / appraisal / escrow
$6,960
=
Cash to Bring to Close
−$41,690
Deal Summary
Cash to First Close
$35,293
+
Holding Costs (2 mo)
$8,263
+
Contingency Reserve
$8,000
Cash to Bring at Refi
+$41,690
=
Capital Left in Deal
$93,246
Equity Position — Day 1 Post-Refi
ARV
$464,000
DSCR Loan Balance
$348,000
=
Equity in Property
$116,000 (25.0%)
Capital Left in Deal
$93,246
=
Value Created
$22,754
$116,000 equity on $93,246 deployed = 1.2× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,857
Property Taxes
$645
Insurance
$329
Maintenance (6% rent)
$171
Management (6% rent)
$171
=
OpEx Subtotal
$1,317
=
Net Operating Income
$1,540
DSCR P&I
$2,339/mo
=
Net Cash Flow
−$799/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$348,000
Monthly P&I$2,339/mo
Net Cash Flow−$799/mo
Cash Still Required−$41,690
DSCR
0.658x✗ Fail
Lender DSCR
0.862x✗ Fail
No Cash-Out
75.0% LTV — capped short $41,690
Loan Amount$348,000
Monthly P&I$2,339/mo
Net Cash Flow−$799/mo
Cash Still Required−$41,690
DSCR
0.658x✗ Fail
Lender DSCR
0.862x✗ Fail
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$3,765/mo+$908 needed
1.10x$4,031/mo+$1,174 needed
1.20x$4,296/mo+$1,439 needed
1.30x$4,562/mo+$1,705 needed
1.40x$4,828/mo+$1,971 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
0.658x
DSCR
Monthly Cash Flow
−$799/mo
Cash-on-Cash Yr 1
-11.5%
$83,139 left in deal
Acquisition Event — First Close
Purchase Price
$315,000
+
Rehab Budget
$80,000
+
Closing Costs5% of purchase
$15,750
=
Total Cash to First Close
$410,750
Holding Period — 2 Months
Property Taxes$645/mo × 2$1,291
Insurance$329/mo × 2$658
Total Holding Costs$1,949
Contingency Reserve10% of rehab — held, not at first close$8,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$348,000
Origination Fee1 pts on $348,000
$3,480
Closing Coststitle / appraisal / escrow
$6,960
=
Net Cash Recovered
$337,560
Deal Summary
Total Cash to First Close
$410,750
+
Holding Costs (2 mo)
$1,949
+
Contingency Reserve
$8,000
Net Cash Recovered at Refi
$337,560
=
Capital Left in Deal
$83,139
Equity Position — Day 1 Post-Refi
ARV
$464,000
DSCR Loan Balance
$348,000
=
Equity in Property
$116,000 (25.0%)
Capital Left in Deal
$83,139
=
Value Created
$32,861
$116,000 equity on $83,139 deployed = 1.4× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,857
Property Taxes
$645
Insurance
$329
Maintenance (6% rent)
$171
Management (6% rent)
$171
=
OpEx Subtotal
$1,317
=
Net Operating Income
$1,540
DSCR P&I
$2,339/mo
=
Net Cash Flow
−$799/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$348,000
Monthly P&I$2,339/mo
Net Cash Flow−$799/mo
Cash Still Required−$83,139
DSCR
0.658x✗ Fail
Lender DSCR
0.862x✗ Fail
No Cash-Out
75.0% LTV — capped short $83,139
Loan Amount$348,000
Monthly P&I$2,339/mo
Net Cash Flow−$799/mo
Cash Still Required−$83,139
DSCR
0.658x✗ Fail
Lender DSCR
0.862x✗ Fail
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$3,765/mo+$908 needed
1.10x$4,031/mo+$1,174 needed
1.20x$4,296/mo+$1,439 needed
1.30x$4,562/mo+$1,705 needed
1.40x$4,828/mo+$1,971 needed
30-Year Hold Projection
Click to expand
DSCR loan $348,000 @ 7.1% · 3% rent growth · Via Hard Money · Via All Cash (same DSCR loan)