14091 Chinook Dr, Conroe, TX 77384
Conroe, 77384
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Listing Agent
John Garrett Realty Team (Twtxrealtor) Your Home Sold Guaranteed Or I'll Buy It!
(832) 993-1644john@sellingthewoodlands.com
MMX Group/14091 Chinook Dr, Conroe, TX 77384
Flip-140.9%✗
HM→DSCR1.569x✓
Cash→DSCR1.569x✓
New Deal

14091 Chinook Dr, Conroe, TX 77384

4bd / 2ba · 1,549 sqft · built 2022 · Single FamilyAnalyzed Jul 30, 2026
DSCR
1.509x
PASS
NOI ÷ debt service
Lender DSCR
1.559x
PASS
EGI ÷ P&I+tax+ins+HOA
Monthly Cash Flow
$629/mo
PASS
post all expenses · day 1
Cash to Close
$76,000
80% LTV · single close
Value Generated
$5,800
ARV − purchase − rehab
Starting Equity %
22.0%
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
-140.9%
Flip ROI
Cash to First Close
$25,500
what you bring day 1
Net Profit
−$57,636
Max Bid @ 20%
$172,690
−$57,636 profit  ÷  $40,916 total invested  =  -140.9%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$230,300
Purchase (95% LTV)
$218,500
Rehab (100%)
$11,800
Loan-to-ARV
97.6%
Monthly Interest
$1,917/mo
Down Payment5% of $230,000 purchase
$11,500
+
Origination Fee1 pts on $230,300 loan
$2,500
+
Closing Costs5% of purchase
$11,500
=
Cash to First Close
$25,500
Holding Period — 6 Months
HML Interest9.99% IO · $1,917/mo × 6$11,503
Property Taxes$254/mo × 6$1,524
Insurance$202/mo × 6$1,209
Total Holding Costs$14,236
Contingency Reserve10% of rehab — held, not at first close$1,180
Sale Event — Second Close
Sale Price (ARV)
$236,000
−
HML Principal Payofffull IO loan balance
$230,300
−
Closing Costs3.5% of sale price
$8,260
−
Realtor Commission6% of sale price
$14,160
=
Net Proceeds to You
−$16,720
Deal Summary
Net Proceeds at Closing
−$16,720
−
Cash to First Close
$25,500
−
Holding Costs (6 mo)
$14,236
−
Contingency Reserve
$1,180
=
NET PROFIT
−$57,636
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$175,476−$54,524
15%$174,073−$55,927
20% ←$172,690−$57,310
25%$171,326−$58,674
30%$169,981−$60,019
Scenario 4 — Turn Key DSCR
Direct DSCR purchase · 80% of ARV · 7.1% / 30yr · one close
✅
PASSES DSCR
Min 1.30x · 7.1% / 30-yr DSCR · 80% of ARV
1.509x
DSCR
Cash to Close
$76,000
single close · no bridge
Monthly Cash Flow
$629/mo
Cash-on-Cash Yr 1
9.9%
Acquisition — Single Close
DSCR Purchase Loan — 7.1% / 30yr · Minimal Rehab · No Bridge
Loan Amount
$184,000
LTV (80% of ARV)
78.0%
Monthly P&I
$1,237/mo
Equity at Close
$46,000
Down Payment20.0% of $230,000 purchase
$46,000
+
Origination Fee1 pts on $184,000
$1,840
+
DSCR Closing Coststitle / appraisal / escrow
$3,680
+
Acquisition Closing5% of purchase
$11,500
+
Rehab Budgetcash, not financed by DSCR loan
$11,800
Contingency Reserve10% of rehab$1,180
=
Total Cash to Close
$76,000
Equity Position — Day 1 Post-Refi
Property Value
$236,000
−
DSCR Loan Balance
$184,000
=
Equity in Property
$52,000 (22.0%)
−
Capital Left in Deal
$76,000
=
Value Created
−$24,000
$52,000 equity on $76,000 deployed = 0.7× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,638
−
Property Taxes
$254
−
Insurance
$202
−
Maintenance (6% rent)
$158
−
Management (6% rent)
$158
=
OpEx Subtotal
$772
=
Net Operating Income
$1,866
−
DSCR P&I
$1,237/mo
=
Net Cash Flow
$629/mo
DSCR Ratios
DSCR (NOI / Debt Service)
1.509x✓ Pass
Lender DSCR (EGI / P&I+tax+ins+HOA)
1.559x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,923/mo✓ met
1.10x$2,063/mo✓ met
1.20x$2,204/mo✓ met
1.30x ←$2,344/mo✓ met
1.40x$2,485/mo✓ met
14091 Chinook Dr, Conroe, TX 77384 — MX Analyzer