15714 Woodcroft Dr, Houston, TX 77095
Houston, 77095
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Listing Agent
Larry Donnel Durham
(713) 785-7070donnellsellshomes@yahoo.com
MMX Group/15714 Woodcroft Dr, Houston, TX 77095
Flip9.1%✗
HM→DSCR0.640x✗
Cash→DSCR0.640x✗
New Deal

15714 Woodcroft Dr, Houston, TX 77095

4bd / 2.5ba · 2,690 sqft · built 1983 · Single FamilyAnalyzed Jul 30, 2026
DSCR
0.811x
FAIL
NOI ÷ debt service
Lender DSCR
1.004x
PASS
EGI ÷ P&I+tax+ins+HOA
Monthly Cash Flow
−$290/mo
FAIL
post all expenses · day 1
Cash to Close
$99,265
80% LTV · single close
Value Generated
$80,750
ARV − purchase − rehab
Starting Equity %
40.8%
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
9.1%
Flip ROI
Cash to First Close
$31,400
what you bring day 1
Net Profit
$4,892
Max Bid @ 20%
$279,919
$4,892 profit  ÷  $53,533 total invested  =  9.1%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$290,000
Purchase (95% LTV)
$270,750
Rehab (100%)
$19,250
Loan-to-ARV
75.3%
Monthly Interest
$2,414/mo
Down Payment5% of $285,000 purchase
$14,250
+
Origination Fee1 pts on $290,000 loan
$2,900
+
Closing Costs5% of purchase
$14,250
=
Cash to First Close
$31,400
Holding Period — 6 Months
HML Interest9.99% IO · $2,414/mo × 6$14,486
Property Taxes$700/mo × 6$4,202
Insurance$254/mo × 6$1,521
Total Holding Costs$20,208
Contingency Reserve10% of rehab — held, not at first close$1,925
Sale Event — Second Close
Sale Price (ARV)
$385,000
−
HML Principal Payofffull IO loan balance
$290,000
−
Closing Costs3.5% of sale price
$13,475
−
Realtor Commission6% of sale price
$23,100
=
Net Proceeds to You
$58,425
Deal Summary
Net Proceeds at Closing
$58,425
−
Cash to First Close
$31,400
−
Holding Costs (6 mo)
$20,208
−
Contingency Reserve
$1,925
=
NET PROFIT
$4,892
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$284,591−$409
15%$282,238−$2,762
20% ←$279,919−$5,081
25%$277,632−$7,368
30%$275,377−$9,623
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
0.811x
DSCR
Cash to Close
$99,265
single close · no bridge
Monthly Cash Flow
−$290/mo
Cash-on-Cash Yr 1
-3.5%
Acquisition — Single Close
DSCR Purchase Loan — 7.1% / 30yr · Minimal Rehab · No Bridge
Loan Amount
$228,000
LTV (80% of ARV)
59.2%
Monthly P&I
$1,532/mo
Equity at Close
$57,000
Down Payment20.0% of $285,000 purchase
$57,000
+
Origination Fee1 pts on $228,000
$2,280
+
DSCR Closing Coststitle / appraisal / escrow
$4,560
+
Acquisition Closing5% of purchase
$14,250
+
Rehab Budgetcash, not financed by DSCR loan
$19,250
Contingency Reserve10% of rehab$1,925
=
Total Cash to Close
$99,265
Equity Position — Day 1 Post-Refi
Property Value
$385,000
−
DSCR Loan Balance
$228,000
=
Equity in Property
$157,000 (40.8%)
−
Capital Left in Deal
$99,265
=
Value Created
$57,735
$157,000 equity on $99,265 deployed = 1.6× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,496
−
Property Taxes
$700
−
Insurance
$254
−
Maintenance (6% rent)
$150
−
Management (6% rent)
$150
=
OpEx Subtotal
$1,253
=
Net Operating Income
$1,243
−
DSCR P&I
$1,532/mo
=
Net Cash Flow
−$290/mo
DSCR Ratios
DSCR (NOI / Debt Service)
0.811x✗ Fail
Lender DSCR (EGI / P&I+tax+ins+HOA)
1.004x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$2,825/mo+$329 needed
1.10x$2,999/mo+$503 needed
1.20x$3,173/mo+$677 needed
1.30x ←$3,347/mo+$851 needed
1.40x$3,521/mo+$1,025 needed