1614 Bradney Dr, Houston, TX 77077
Houston, 77077
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Listing Agent
Caryn Beard
(281) 491-1776carynbeard@yahoo.com
MMX Group/1614 Bradney Dr, Houston, TX 77077
Flip19.2%✗
HM→DSCR0.806x✗
Cash→DSCR0.806x✗
New Deal

1614 Bradney Dr, Houston, TX 77077

3bd / 2ba · 1,882 sqft · built 1983 · Single FamilyAnalyzed Jul 30, 2026
DSCR
1.032x
FAIL
NOI ÷ debt service
Lender DSCR
1.161x
PASS
EGI ÷ P&I+tax+ins+HOA
Monthly Cash Flow
$43/mo
PASS
post all expenses · day 1
Cash to Close
$86,926
80% LTV · single close
Value Generated
$74,000
ARV − purchase − rehab
Starting Equity %
41.4%
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
19.2%
Flip ROI
Cash to First Close
$27,436
what you bring day 1
Net Profit
$8,715
Max Bid @ 20%
$248,675
$8,715 profit  ÷  $45,435 total invested  =  19.2%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$253,550
Purchase (95% LTV)
$236,550
Rehab (100%)
$17,000
Loan-to-ARV
74.6%
Monthly Interest
$2,111/mo
Down Payment5% of $249,000 purchase
$12,450
+
Origination Fee1 pts on $253,550 loan
$2,536
+
Closing Costs5% of purchase
$12,450
=
Cash to First Close
$27,436
Holding Period — 6 Months
HML Interest9.99% IO · $2,111/mo × 6$12,665
Property Taxes$384/mo × 6$2,305
Insurance$222/mo × 6$1,330
Total Holding Costs$16,299
Contingency Reserve10% of rehab — held, not at first close$1,700
Sale Event — Second Close
Sale Price (ARV)
$340,000
−
HML Principal Payofffull IO loan balance
$253,550
−
Closing Costs3.5% of sale price
$11,900
−
Realtor Commission6% of sale price
$20,400
=
Net Proceeds to You
$54,150
Deal Summary
Net Proceeds at Closing
$54,150
−
Cash to First Close
$27,436
−
Holding Costs (6 mo)
$16,299
−
Contingency Reserve
$1,700
=
NET PROFIT
$8,715
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$252,698✓ ok
15%$250,672✓ ok
20% ←$248,675−$325
25%$246,706−$2,294
30%$244,765−$4,235
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
1.032x
DSCR
Cash to Close
$86,926
single close · no bridge
Monthly Cash Flow
$43/mo
Cash-on-Cash Yr 1
0.6%
Acquisition — Single Close
DSCR Purchase Loan — 7.1% / 30yr · Minimal Rehab · No Bridge
Loan Amount
$199,200
LTV (80% of ARV)
58.6%
Monthly P&I
$1,339/mo
Equity at Close
$49,800
Down Payment20.0% of $249,000 purchase
$49,800
+
Origination Fee1 pts on $199,200
$1,992
+
DSCR Closing Coststitle / appraisal / escrow
$3,984
+
Acquisition Closing5% of purchase
$12,450
+
Rehab Budgetcash, not financed by DSCR loan
$17,000
Contingency Reserve10% of rehab$1,700
=
Total Cash to Close
$86,926
Equity Position — Day 1 Post-Refi
Property Value
$340,000
−
DSCR Loan Balance
$199,200
=
Equity in Property
$140,800 (41.4%)
−
Capital Left in Deal
$86,926
=
Value Created
$53,874
$140,800 equity on $86,926 deployed = 1.6× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,258
−
Property Taxes
$384
−
Insurance
$222
−
Maintenance (6% rent)
$135
−
Management (6% rent)
$135
=
OpEx Subtotal
$877
=
Net Operating Income
$1,381
−
DSCR P&I
$1,339/mo
=
Net Cash Flow
$43/mo
DSCR Ratios
DSCR (NOI / Debt Service)
1.032x✗ Fail
Lender DSCR (EGI / P&I+tax+ins+HOA)
1.161x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$2,210/mo✓ met
1.10x$2,362/mo+$104 needed
1.20x$2,514/mo+$256 needed
1.30x ←$2,666/mo+$408 needed
1.40x$2,818/mo+$560 needed
1614 Bradney Dr, Houston, TX 77077 — MX Analyzer