16202 Broadglen Ct, Houston, TX 77082
Houston, 77082
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Listing Agent
Brenda Delcambre
(832) 392-8654brenda010@sbcglobal.net
MMX Group/16202 Broadglen Ct, Houston, TX 77082
Flip-131.5%✗
HM→DSCR0.701x✗
Cash→DSCR0.701x✗
New Deal

16202 Broadglen Ct, Houston, TX 77082

3bd / 2ba · 1,486 sqft · built 2003 · Single FamilyAnalyzed Jul 30, 2026
DSCR
0.686x
FAIL
NOI ÷ debt service
Lender DSCR
0.902x
FAIL
EGI ÷ P&I+tax+ins+HOA
Monthly Cash Flow
−$422/mo
FAIL
post all expenses · day 1
Cash to Close
$82,855
80% LTV · single close
Value Generated
$2,050
ARV − purchase − rehab
Starting Equity %
23.4%
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
-131.5%
Flip ROI
Cash to First Close
$27,506
what you bring day 1
Net Profit
−$59,888
Max Bid @ 20%
$189,707
−$59,888 profit  ÷  $45,543 total invested  =  -131.5%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$250,550
Purchase (95% LTV)
$237,500
Rehab (100%)
$13,050
Loan-to-ARV
96.0%
Monthly Interest
$2,086/mo
Down Payment5% of $250,000 purchase
$12,500
+
Origination Fee1 pts on $250,550 loan
$2,506
+
Closing Costs5% of purchase
$12,500
=
Cash to First Close
$27,506
Holding Period — 6 Months
HML Interest9.99% IO · $2,086/mo × 6$12,515
Property Taxes$484/mo × 6$2,902
Insurance$219/mo × 6$1,315
Total Holding Costs$16,732
Contingency Reserve10% of rehab — held, not at first close$1,305
Sale Event — Second Close
Sale Price (ARV)
$261,000
−
HML Principal Payofffull IO loan balance
$250,550
−
Closing Costs3.5% of sale price
$9,135
−
Realtor Commission6% of sale price
$15,660
=
Net Proceeds to You
−$14,345
Deal Summary
Net Proceeds at Closing
−$14,345
−
Cash to First Close
$27,506
−
Holding Costs (6 mo)
$16,732
−
Contingency Reserve
$1,305
=
NET PROFIT
−$59,888
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$192,878−$57,122
15%$191,281−$58,719
20% ←$189,707−$60,293
25%$188,154−$61,846
30%$186,624−$63,376
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
0.686x
DSCR
Cash to Close
$82,855
single close · no bridge
Monthly Cash Flow
−$422/mo
Cash-on-Cash Yr 1
-6.1%
Acquisition — Single Close
DSCR Purchase Loan — 7.1% / 30yr · Minimal Rehab · No Bridge
Loan Amount
$200,000
LTV (80% of ARV)
76.6%
Monthly P&I
$1,344/mo
Equity at Close
$50,000
Down Payment20.0% of $250,000 purchase
$50,000
+
Origination Fee1 pts on $200,000
$2,000
+
DSCR Closing Coststitle / appraisal / escrow
$4,000
+
Acquisition Closing5% of purchase
$12,500
+
Rehab Budgetcash, not financed by DSCR loan
$13,050
Contingency Reserve10% of rehab$1,305
=
Total Cash to Close
$82,855
Equity Position — Day 1 Post-Refi
Property Value
$261,000
−
DSCR Loan Balance
$200,000
=
Equity in Property
$61,000 (23.4%)
−
Capital Left in Deal
$82,855
=
Value Created
−$21,855
$61,000 equity on $82,855 deployed = 0.7× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,847
−
Property Taxes
$484
−
Insurance
$219
−
Maintenance (6% rent)
$111
−
Management (6% rent)
$111
=
OpEx Subtotal
$925
=
Net Operating Income
$922
−
DSCR P&I
$1,344/mo
=
Net Cash Flow
−$422/mo
DSCR Ratios
DSCR (NOI / Debt Service)
0.686x✗ Fail
Lender DSCR (EGI / P&I+tax+ins+HOA)
0.902x✗ Fail
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$2,326/mo+$479 needed
1.10x$2,479/mo+$632 needed
1.20x$2,632/mo+$785 needed
1.30x ←$2,784/mo+$937 needed
1.40x$2,937/mo+$1,090 needed
16202 Broadglen Ct, Houston, TX 77082 — MX Analyzer