14068 Tower Glen Dr, Conroe, TX 77306
Conroe, 77306
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Listing Agent
Jim Clark
(936) 443-3561jim@4landtx.com
MMX Group/14068 Tower Glen Dr, Conroe, TX 77306
Flip-21.9%✗
HM→DSCR0.558x✗
Cash→DSCR0.558x✗
New Deal

14068 Tower Glen Dr, Conroe, TX 77306

6bd / 3.5ba · 1,242 sqft · built 1985 · Single FamilyAnalyzed Jul 30, 2026
DSCR
0.667x
FAIL
NOI ÷ debt service
Lender DSCR
0.870x
FAIL
EGI ÷ P&I+tax+ins+HOA
Monthly Cash Flow
−$448/mo
FAIL
post all expenses · day 1
Cash to Close
$86,042
80% LTV · single close
Value Generated
$53,060
ARV − purchase − rehab
Starting Equity %
37.3%
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
-21.9%
Flip ROI
Cash to First Close
$27,533
what you bring day 1
Net Profit
−$9,914
Max Bid @ 20%
$233,432
−$9,914 profit  ÷  $45,168 total invested  =  -21.9%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$253,441
Purchase (95% LTV)
$237,491
Rehab (100%)
$15,950
Loan-to-ARV
79.4%
Monthly Interest
$2,110/mo
Down Payment5% of $249,990 purchase
$12,500
+
Origination Fee1 pts on $253,441 loan
$2,534
+
Closing Costs5% of purchase
$12,500
=
Cash to First Close
$27,533
Holding Period — 6 Months
HML Interest9.99% IO · $2,110/mo × 6$12,659
Property Taxes$342/mo × 6$2,051
Insurance$222/mo × 6$1,330
Total Holding Costs$16,040
Contingency Reserve10% of rehab — held, not at first close$1,595
Sale Event — Second Close
Sale Price (ARV)
$319,000
−
HML Principal Payofffull IO loan balance
$253,441
−
Closing Costs3.5% of sale price
$11,165
−
Realtor Commission6% of sale price
$19,140
=
Net Proceeds to You
$35,255
Deal Summary
Net Proceeds at Closing
$35,255
−
Cash to First Close
$27,533
−
Holding Costs (6 mo)
$16,040
−
Contingency Reserve
$1,595
=
NET PROFIT
−$9,914
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$237,198−$12,792
15%$235,302−$14,688
20% ←$233,432−$16,558
25%$231,589−$18,401
30%$229,771−$20,219
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
0.667x
DSCR
Cash to Close
$86,042
single close · no bridge
Monthly Cash Flow
−$448/mo
Cash-on-Cash Yr 1
-6.2%
Acquisition — Single Close
DSCR Purchase Loan — 7.1% / 30yr · Minimal Rehab · No Bridge
Loan Amount
$199,992
LTV (80% of ARV)
62.7%
Monthly P&I
$1,344/mo
Equity at Close
$49,998
Down Payment20.0% of $249,990 purchase
$49,998
+
Origination Fee1 pts on $199,992
$2,000
+
DSCR Closing Coststitle / appraisal / escrow
$4,000
+
Acquisition Closing5% of purchase
$12,500
+
Rehab Budgetcash, not financed by DSCR loan
$15,950
Contingency Reserve10% of rehab$1,595
=
Total Cash to Close
$86,042
Equity Position — Day 1 Post-Refi
Property Value
$319,000
−
DSCR Loan Balance
$199,992
=
Equity in Property
$119,008 (37.3%)
−
Capital Left in Deal
$86,042
=
Value Created
$32,966
$119,008 equity on $86,042 deployed = 1.4× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,659
−
Property Taxes
$342
−
Insurance
$222
−
Maintenance (6% rent)
$100
−
Management (6% rent)
$100
=
OpEx Subtotal
$763
=
Net Operating Income
$896
−
DSCR P&I
$1,344/mo
=
Net Cash Flow
−$448/mo
DSCR Ratios
DSCR (NOI / Debt Service)
0.667x✗ Fail
Lender DSCR (EGI / P&I+tax+ins+HOA)
0.870x✗ Fail
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$2,168/mo+$509 needed
1.10x$2,320/mo+$661 needed
1.20x$2,473/mo+$814 needed
1.30x ←$2,626/mo+$967 needed
1.40x$2,778/mo+$1,119 needed
14068 Tower Glen Dr, Conroe, TX 77306 — MX Analyzer