MMX Group/9419 Val Verde St, Houston, TX 77063
Flip14.9%
HM→DSCR0.747x
Cash→DSCR0.747x
New Deal

9419 Val Verde St, Houston, TX 77063

3bd / 2ba · 1,373 sqft · built 1961 · Single Family (SFR)Analyzed Jun 24, 2026
Flip ROI
14.9%
FAIL
+$6,439 profit
6-mo hold · profit ÷ cash out
DSCR — 75% LTV
0.747x
FAIL
cash-out refi · NOI / debt service
DSCR — No Cash-Out
0.747x
FAIL
75.0% LTV · capped, short $7,200
Max Bid @ 20%
$198,188
FAIL
✗ $1,812 over max
Total Invested
$32,720
down + points + costs + holding, pre-refi
Cash Left in Deal
$39,920
after HM → DSCR cash-out refi
Value Generated
$70,000
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
14.9%
Flip ROI
Cash to First Close
$22,500
what you bring day 1
Net Profit
$6,439
Max Bid @ 20%
$198,188
$6,439 profit  ÷  $43,161 total invested  =  14.9%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$240,000
Purchase (95% LTV)
$190,000
Rehab (100%)
$50,000
Loan-to-ARV
75.0%
Monthly Interest
$1,998/mo
Down Payment5% of $200,000 purchase
$10,000
+
Origination Fee1 pts on $240,000 loan
$2,500
+
Closing Costs5% of purchase
$10,000
=
Cash to First Close
$22,500
Holding Period — 6 Months
HML Interest9.99% IO · $1,998/mo × 6$11,988
Property Taxes$404/mo × 6$2,423
Insurance$208/mo × 6$1,250
Total Holding Costs$15,661
Contingency Reserve10% of rehab — held, not at first close$5,000
Sale Event — Second Close
Sale Price (ARV)
$320,000
HML Principal Payofffull IO loan balance
$240,000
Closing Costs3.5% of sale price
$11,200
Realtor Commission6% of sale price
$19,200
=
Net Proceeds to You
$49,600
Deal Summary
Net Proceeds at Closing
$49,600
Cash to First Close
$22,500
Holding Costs (6 mo)
$15,661
Contingency Reserve
$5,000
=
NET PROFIT
$6,439
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$201,979✓ ok
15%$200,070✓ ok
20%$198,188−$1,812
25%$196,333−$3,667
30%$194,503−$5,497
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
0.747x
DSCR
Monthly Cash Flow
−$408/mo
Cash-on-Cash Yr 1
-12.3%
$39,920 left in deal
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$240,000
Purchase (95% LTV)
$190,000
Rehab (100%)
$50,000
Loan-to-ARV
75.0%
Monthly Interest
$1,998/mo
Down Payment5% of $200,000 purchase
$10,000
+
Origination Fee1 pts on $240,000 loan
$2,500
+
Closing Costs5% of purchase
$10,000
=
Cash to First Close
$22,500
Holding Period — 2 Months
HML Interest9.99% IO · $1,998/mo × 2$3,996
Property Taxes$404/mo × 2$808
Insurance$208/mo × 2$417
Total Holding Costs$5,220
Contingency Reserve10% of rehab — held, not at first close$5,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$240,000
HML Principal Payofffull IO loan balance
$240,000
Origination Fee1 pts on $240,000
$2,400
Closing Coststitle / appraisal / escrow
$4,800
=
Cash to Bring to Close
−$7,200
Deal Summary
Cash to First Close
$22,500
+
Holding Costs (2 mo)
$5,220
+
Contingency Reserve
$5,000
Cash to Bring at Refi
+$7,200
=
Capital Left in Deal
$39,920
Equity Position — Day 1 Post-Refi
ARV
$320,000
DSCR Loan Balance
$240,000
=
Equity in Property
$80,000 (25.0%)
Capital Left in Deal
$39,920
=
Value Created
$40,080
$80,000 equity on $39,920 deployed = 2.0× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,065
Property Taxes
$404
Insurance
$208
Maintenance (6% rent)
$124
Management (6% rent)
$124
=
OpEx Subtotal
$860
=
Net Operating Income
$1,205
DSCR P&I
$1,613/mo
=
Net Cash Flow
−$408/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$240,000
Monthly P&I$1,613/mo
Net Cash Flow−$408/mo
Cash Still Required−$7,200
DSCR
0.747x✗ Fail
Lender DSCR
0.928x✗ Fail
No Cash-Out
75.0% LTV — capped short $7,200
Loan Amount$240,000
Monthly P&I$1,613/mo
Net Cash Flow−$408/mo
Cash Still Required−$7,200
DSCR
0.747x✗ Fail
Lender DSCR
0.928x✗ Fail
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$2,528/mo+$463 needed
1.10x$2,712/mo+$647 needed
1.20x$2,895/mo+$830 needed
1.30x$3,078/mo+$1,013 needed
1.40x$3,262/mo+$1,197 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
0.747x
DSCR
Monthly Cash Flow
−$408/mo
Cash-on-Cash Yr 1
-14.6%
$33,424 left in deal
Acquisition Event — First Close
Purchase Price
$200,000
+
Rehab Budget
$50,000
+
Closing Costs5% of purchase
$10,000
=
Total Cash to First Close
$260,000
Holding Period — 2 Months
Property Taxes$404/mo × 2$808
Insurance$208/mo × 2$417
Total Holding Costs$1,224
Contingency Reserve10% of rehab — held, not at first close$5,000
DSCR Refinance — Second Close
DSCR Loan Proceeds75% of ARV · 7.1% / 30yr
$240,000
Origination Fee1 pts on $240,000
$2,400
Closing Coststitle / appraisal / escrow
$4,800
=
Net Cash Recovered
$232,800
Deal Summary
Total Cash to First Close
$260,000
+
Holding Costs (2 mo)
$1,224
+
Contingency Reserve
$5,000
Net Cash Recovered at Refi
$232,800
=
Capital Left in Deal
$33,424
Equity Position — Day 1 Post-Refi
ARV
$320,000
DSCR Loan Balance
$240,000
=
Equity in Property
$80,000 (25.0%)
Capital Left in Deal
$33,424
=
Value Created
$46,576
$80,000 equity on $33,424 deployed = 2.4× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,065
Property Taxes
$404
Insurance
$208
Maintenance (6% rent)
$124
Management (6% rent)
$124
=
OpEx Subtotal
$860
=
Net Operating Income
$1,205
DSCR P&I
$1,613/mo
=
Net Cash Flow
−$408/mo
DSCR Ratios — Cash-Out vs No Cash-Out
Cash-Out Refi
75% of ARV — full LTV
Loan Amount$240,000
Monthly P&I$1,613/mo
Net Cash Flow−$408/mo
Cash Still Required−$33,424
DSCR
0.747x✗ Fail
Lender DSCR
0.928x✗ Fail
No Cash-Out
75.0% LTV — capped short $33,424
Loan Amount$240,000
Monthly P&I$1,613/mo
Net Cash Flow−$408/mo
Cash Still Required−$33,424
DSCR
0.747x✗ Fail
Lender DSCR
0.928x✗ Fail
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$2,528/mo+$463 needed
1.10x$2,712/mo+$647 needed
1.20x$2,895/mo+$830 needed
1.30x$3,078/mo+$1,013 needed
1.40x$3,262/mo+$1,197 needed
30-Year Hold Projection
Click to expand
DSCR loan $240,000 @ 7.1% · 3% rent growth · Via Hard Money · Via All Cash (same DSCR loan)