8110 Cedel Dr, Houston, TX 77055
3bd / 2ba · 1,543 sqft · built 1958 · Single Family (SFR)Analyzed May 29, 2026$
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Scenario 1 — Flip
Hard money loan · sell at ARV after rehab
❌
FAILS FLIP
Min 20% ROI · 6-mo hold
-168.4%
Flip ROI
Cash to First Close
$31,360
what you bring day 1
Net Profit
−$100,869
Max Bid @ 20%
$181,384
−$100,869 profit ÷ $59,900 total invested = -168.4%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$335,999
Purchase (95% LTV)
$265,999
Rehab (100%)
$70,000
Loan-to-ARV
103.1%
Monthly Interest
$2,797/mo
Down Payment5% of $279,999 purchase
$14,000+
Origination Fee1 pts on $335,999 loan
$3,360+
Closing Costs5% of purchase
$14,000=
Cash to First Close
$31,360Holding Period — 6 Months
HML Interest9.99% IO · $2,797/mo × 6$16,783
Property Taxes$501/mo × 6$3,007
Insurance$292/mo × 6$1,750
Total Holding Costs$21,540
Contingency Reserve10% of rehab — held, not at first close$7,000
Sale Event — Second Close
Sale Price (ARV)
$326,000−
HML Principal Payofffull IO loan balance
$335,999−
Closing Costs3.5% of sale price
$11,410−
Realtor Commission6% of sale price
$19,560=
Net Proceeds to You
−$40,969Deal Summary
Net Proceeds at Closing
−$40,969−
Cash to First Close
$31,360−
Holding Costs (6 mo)
$21,540−
Contingency Reserve
$7,000=
NET PROFIT
−$100,869Max Bid by ROI Target
| ROI | Max Bid | vs Offer |
|---|---|---|
| 10% | $185,278 | −$94,721 |
| 15% | $183,317 | −$96,682 |
| 20% ← | $181,384 | −$98,615 |
| 25% | $179,478 | −$100,521 |
| 30% | $177,599 | −$102,400 |
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
0.821x
DSCR
Monthly Cash Flow
−$294/mo
Cash-on-Cash Yr 1
-2.4%
$144,374 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$335,999
Purchase (95% LTV)
$265,999
Rehab (100%)
$70,000
Loan-to-ARV
103.1%
Monthly Interest
$2,797/mo
Down Payment5% of $279,999 purchase
$14,000+
Origination Fee1 pts on $335,999 loan
$3,360+
Closing Costs5% of purchase
$14,000=
Cash to First Close
$31,360Holding Period — 2 Months
HML Interest9.99% IO · $2,797/mo × 2$5,594
Property Taxes$501/mo × 2$1,002
Insurance$292/mo × 2$583
Total Holding Costs$7,180
Contingency Reserve10% of rehab — held, not at first close$7,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$244,500−
HML Principal Payofffull IO loan balance
$335,999−
Origination Fee1 pts on $244,500
$2,445−
Closing Coststitle / appraisal / escrow
$4,890=
Cash to Bring to Close
−$98,834Deal Summary
Cash to First Close
$31,360+
Holding Costs (2 mo)
$7,180+
Contingency Reserve
$7,000−
Cash to Bring at Refi
+$98,834=
Capital Left in Deal
$144,374Equity Position — Day 1 Post-Refi
ARV
$326,000−
DSCR Loan Balance
$244,500=
Equity in Property
$81,500 (25.0%)−
Capital Left in Deal
$144,374=
Value Created
−$62,874$81,500 equity on $144,374 deployed = 0.6× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,434−
Property Taxes
$501−
Insurance
$292−
Maintenance (6% rent)
$146−
Management (6% rent)
$146=
OpEx Subtotal
$1,085=
Net Operating Income
$1,349−
DSCR P&I
$1,643/mo=
Net Cash Flow
−$294/moDSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$244,500
Monthly P&I$1,643/mo
Net Cash Flow−$294/mo
Cash Still Required−$98,834
DSCR
0.821x✗ Fail
Lender DSCR
0.999x✗ Fail
No Cash-Out
75.0% LTV — capped short $98,834
Loan Amount$244,500
Monthly P&I$1,643/mo
Net Cash Flow−$294/mo
Cash Still Required−$98,834
DSCR
0.821x✗ Fail
Lender DSCR
0.999x✗ Fail
Required Rent by DSCR Target
| Target | Rent Needed | vs Current |
|---|---|---|
| 1.00x | $2,768/mo | +$334 needed |
| 1.10x | $2,955/mo | +$521 needed |
| 1.20x | $3,142/mo | +$708 needed |
| 1.30x ← | $3,328/mo | +$894 needed |
| 1.40x | $3,515/mo | +$1,081 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
0.821x
DSCR
Monthly Cash Flow
−$294/mo
Cash-on-Cash Yr 1
-2.6%
$135,420 left in deal
Acquisition Event — First Close
Purchase Price
$279,999+
Rehab Budget
$70,000+
Closing Costs5% of purchase
$14,000=
Total Cash to First Close
$363,999Holding Period — 2 Months
Property Taxes$501/mo × 2$1,002
Insurance$292/mo × 2$583
Total Holding Costs$1,586
Contingency Reserve10% of rehab — held, not at first close$7,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$244,500−
Origination Fee1 pts on $244,500
$2,445−
Closing Coststitle / appraisal / escrow
$4,890=
Net Cash Recovered
$237,165Deal Summary
Total Cash to First Close
$363,999+
Holding Costs (2 mo)
$1,586+
Contingency Reserve
$7,000−
Net Cash Recovered at Refi
$237,165=
Capital Left in Deal
$135,420Equity Position — Day 1 Post-Refi
ARV
$326,000−
DSCR Loan Balance
$244,500=
Equity in Property
$81,500 (25.0%)−
Capital Left in Deal
$135,420=
Value Created
−$53,920$81,500 equity on $135,420 deployed = 0.6× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,434−
Property Taxes
$501−
Insurance
$292−
Maintenance (6% rent)
$146−
Management (6% rent)
$146=
OpEx Subtotal
$1,085=
Net Operating Income
$1,349−
DSCR P&I
$1,643/mo=
Net Cash Flow
−$294/moDSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$244,500
Monthly P&I$1,643/mo
Net Cash Flow−$294/mo
Cash Still Required−$135,420
DSCR
0.821x✗ Fail
Lender DSCR
0.999x✗ Fail
No Cash-Out
75.0% LTV — capped short $135,420
Loan Amount$244,500
Monthly P&I$1,643/mo
Net Cash Flow−$294/mo
Cash Still Required−$135,420
DSCR
0.821x✗ Fail
Lender DSCR
0.999x✗ Fail
Required Rent by DSCR Target
| Target | Rent Needed | vs Current |
|---|---|---|
| 1.00x | $2,768/mo | +$334 needed |
| 1.10x | $2,955/mo | +$521 needed |
| 1.20x | $3,142/mo | +$708 needed |
| 1.30x ← | $3,328/mo | +$894 needed |
| 1.40x | $3,515/mo | +$1,081 needed |