1 E Woodtimber Ct, Spring, TX 77381
Spring, 77381
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Listing Agent
Adam Olsen
(936) 689-9123adam@adamolsenteam.com
MMX Group/1 E Woodtimber Ct, Spring, TX 77381
Flip-182.8%✗
HM→DSCR0.908x✗
Cash→DSCR0.908x✗
New Deal

1 E Woodtimber Ct, Spring, TX 77381

4bd / 2ba · 1,861 sqft · built 1981 · Single FamilyAnalyzed Jul 30, 2026
DSCR
0.851x
FAIL
NOI ÷ debt service
Lender DSCR
1.018x
PASS
EGI ÷ P&I+tax+ins+HOA
Monthly Cash Flow
−$249/mo
FAIL
post all expenses · day 1
Cash to Close
$122,990
80% LTV · single close
Value Generated
$35,500
ARV − purchase − rehab
Starting Equity %
20.0%
ARV − DSCR loan ÷ ARV, day 1
$
$
$
$
$
$
Scenario 1 — Flip
Hard money loan · sell at ARV after rehab
❌
FAILS FLIP
Min 20% ROI · 6-mo hold
-182.8%
Flip ROI
Cash to First Close
$36,290
what you bring day 1
Net Profit
−$106,993
Max Bid @ 20%
$226,271
−$106,993 profit  ÷  $58,543 total invested  =  -182.8%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$329,000
Purchase (95% LTV)
$313,500
Rehab (100%)
$15,500
Loan-to-ARV
106.1%
Monthly Interest
$2,739/mo
Down Payment5% of $330,000 purchase
$16,500
+
Origination Fee1 pts on $329,000 loan
$3,290
+
Closing Costs5% of purchase
$16,500
=
Cash to First Close
$36,290
Holding Period — 6 Months
HML Interest9.99% IO · $2,739/mo × 6$16,434
Property Taxes$424/mo × 6$2,542
Insurance$288/mo × 6$1,728
Total Holding Costs$20,703
Contingency Reserve10% of rehab — held, not at first close$1,550
Sale Event — Second Close
Sale Price (ARV)
$310,000
−
HML Principal Payofffull IO loan balance
$329,000
−
Closing Costs3.5% of sale price
$10,850
−
Realtor Commission6% of sale price
$18,600
=
Net Proceeds to You
−$48,450
Deal Summary
Net Proceeds at Closing
−$48,450
−
Cash to First Close
$36,290
−
Holding Costs (6 mo)
$20,703
−
Contingency Reserve
$1,550
=
NET PROFIT
−$106,993
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$229,972−$100,028
15%$228,108−$101,892
20% ←$226,271−$103,729
25%$224,460−$105,540
30%$222,675−$107,325
Scenario 4 — Turn Key DSCR
Direct DSCR purchase · 80% of ARV · 7.1% / 30yr · one close
❌
FAILS DSCR
Min 1.30x · 7.1% / 30-yr DSCR · 80% of ARV
0.851x
DSCR
Cash to Close
$122,990
single close · no bridge
Monthly Cash Flow
−$249/mo
Cash-on-Cash Yr 1
-2.4%
Acquisition — Single Close
DSCR Purchase Loan — 7.1% / 30yr · Minimal Rehab · No Bridge
Loan Amount
$248,000
LTV (80% of ARV)
80.0%
Monthly P&I
$1,667/mo
Equity at Close
$62,000
Down Payment24.8% of $330,000 purchase
$82,000
+
Origination Fee1 pts on $248,000
$2,480
+
DSCR Closing Coststitle / appraisal / escrow
$4,960
+
Acquisition Closing5% of purchase
$16,500
+
Rehab Budgetcash, not financed by DSCR loan
$15,500
Contingency Reserve10% of rehab$1,550
=
Total Cash to Close
$122,990
Equity Position — Day 1 Post-Refi
Property Value
$310,000
−
DSCR Loan Balance
$248,000
=
Equity in Property
$62,000 (20.0%)
−
Capital Left in Deal
$122,990
=
Value Created
−$60,990
$62,000 equity on $122,990 deployed = 0.5× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,420
−
Property Taxes
$424
−
Insurance
$288
−
Maintenance (6% rent)
$145
−
Management (6% rent)
$145
=
OpEx Subtotal
$1,002
=
Net Operating Income
$1,418
−
DSCR P&I
$1,667/mo
=
Net Cash Flow
−$249/mo
DSCR Ratios
DSCR (NOI / Debt Service)
0.851x✗ Fail
Lender DSCR (EGI / P&I+tax+ins+HOA)
1.018x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$2,702/mo+$282 needed
1.10x$2,892/mo+$472 needed
1.20x$3,081/mo+$661 needed
1.30x ←$3,271/mo+$851 needed
1.40x$3,460/mo+$1,040 needed