15419 Surrey Pines Ln, Houston, TX 77044
Houston, 77044
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Listing Agent
Emily Scarborough
(832) 230-1617
MMX Group/15419 Surrey Pines Ln, Houston, TX 77044
Flip-127.3%✗
HM→DSCR0.431x✗
Cash→DSCR0.431x✗
New Deal

15419 Surrey Pines Ln, Houston, TX 77044

4bd / 3ba · 2,217 sqft · built 2024 · Single FamilyAnalyzed Jul 30, 2026
DSCR
0.438x
FAIL
NOI ÷ debt service
Lender DSCR
0.768x
FAIL
EGI ÷ P&I+tax+ins+HOA
Monthly Cash Flow
−$907/mo
FAIL
post all expenses · day 1
Cash to Close
$109,700
80% LTV · single close
Value Generated
$0
ARV − purchase − rehab
Starting Equity %
26.2%
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
-127.3%
Flip ROI
Cash to First Close
$33,100
what you bring day 1
Net Profit
−$74,093
Max Bid @ 20%
$225,078
−$74,093 profit  ÷  $58,218 total invested  =  -127.3%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$310,000
Purchase (95% LTV)
$285,000
Rehab (100%)
$25,000
Loan-to-ARV
95.4%
Monthly Interest
$2,581/mo
Down Payment5% of $300,000 purchase
$15,000
+
Origination Fee1 pts on $310,000 loan
$3,100
+
Closing Costs5% of purchase
$15,000
=
Cash to First Close
$33,100
Holding Period — 6 Months
HML Interest9.99% IO · $2,581/mo × 6$15,485
Property Taxes$918/mo × 6$5,509
Insurance$271/mo × 6$1,625
Total Holding Costs$22,618
Contingency Reserve10% of rehab — held, not at first close$2,500
Sale Event — Second Close
Sale Price (ARV)
$325,000
−
HML Principal Payofffull IO loan balance
$310,000
−
Closing Costs3.5% of sale price
$11,375
−
Realtor Commission6% of sale price
$19,500
=
Net Proceeds to You
−$15,875
Deal Summary
Net Proceeds at Closing
−$15,875
−
Cash to First Close
$33,100
−
Holding Costs (6 mo)
$22,618
−
Contingency Reserve
$2,500
=
NET PROFIT
−$74,093
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$229,163−$70,837
15%$227,106−$72,894
20% ←$225,078−$74,922
25%$223,078−$76,922
30%$221,107−$78,893
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
0.438x
DSCR
Cash to Close
$109,700
single close · no bridge
Monthly Cash Flow
−$907/mo
Cash-on-Cash Yr 1
-9.9%
Acquisition — Single Close
DSCR Purchase Loan — 7.1% / 30yr · Minimal Rehab · No Bridge
Loan Amount
$240,000
LTV (80% of ARV)
73.8%
Monthly P&I
$1,613/mo
Equity at Close
$60,000
Down Payment20.0% of $300,000 purchase
$60,000
+
Origination Fee1 pts on $240,000
$2,400
+
DSCR Closing Coststitle / appraisal / escrow
$4,800
+
Acquisition Closing5% of purchase
$15,000
+
Rehab Budgetcash, not financed by DSCR loan
$25,000
Contingency Reserve10% of rehab$2,500
=
Total Cash to Close
$109,700
Equity Position — Day 1 Post-Refi
Property Value
$325,000
−
DSCR Loan Balance
$240,000
=
Equity in Property
$85,000 (26.2%)
−
Capital Left in Deal
$109,700
=
Value Created
−$24,700
$85,000 equity on $109,700 deployed = 0.8× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,153
−
Property Taxes
$918
−
Insurance
$271
−
Maintenance (6% rent)
$129
−
Management (6% rent)
$129
=
OpEx Subtotal
$1,447
=
Net Operating Income
$706
−
DSCR P&I
$1,613/mo
=
Net Cash Flow
−$907/mo
DSCR Ratios
DSCR (NOI / Debt Service)
0.438x✗ Fail
Lender DSCR (EGI / P&I+tax+ins+HOA)
0.768x✗ Fail
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$3,184/mo+$1,031 needed
1.10x$3,367/mo+$1,214 needed
1.20x$3,550/mo+$1,397 needed
1.30x ←$3,734/mo+$1,581 needed
1.40x$3,917/mo+$1,764 needed
15419 Surrey Pines Ln, Houston, TX 77044 — MX Analyzer