17192 Wild Robin Ln, Conroe, TX 77302
Conroe, 77302
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Listing Agent
Kevin Mccanna
(832) 326-6927kevin@kmccanna.com
MMX Group/17192 Wild Robin Ln, Conroe, TX 77302
Flip-153.0%✗
HM→DSCR0.131x✗
Cash→DSCR0.131x✗
New Deal

17192 Wild Robin Ln, Conroe, TX 77302

3bd / 2ba · 2,055 sqft · built 2021 · Single FamilyAnalyzed Jul 30, 2026
DSCR
0.125x
FAIL
NOI ÷ debt service
Lender DSCR
0.529x
FAIL
EGI ÷ P&I+tax+ins+HOA
Monthly Cash Flow
−$1,670/mo
FAIL
post all expenses · day 1
Cash to Close
$124,770
80% LTV · single close
Value Generated
$19,000
ARV − purchase − rehab
Starting Equity %
21.3%
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
-153.0%
Flip ROI
Cash to First Close
$39,123
what you bring day 1
Net Profit
−$102,570
Max Bid @ 20%
$253,653
−$102,570 profit  ÷  $67,025 total invested  =  -153.0%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$362,250
Purchase (95% LTV)
$337,250
Rehab (100%)
$25,000
Loan-to-ARV
100.3%
Monthly Interest
$3,016/mo
Down Payment5% of $355,000 purchase
$17,750
+
Origination Fee1 pts on $362,250 loan
$3,623
+
Closing Costs5% of purchase
$17,750
=
Cash to First Close
$39,123
Holding Period — 6 Months
HML Interest9.99% IO · $3,016/mo × 6$18,094
Property Taxes$901/mo × 6$5,409
Insurance$317/mo × 6$1,900
Total Holding Costs$25,403
Contingency Reserve10% of rehab — held, not at first close$2,500
Sale Event — Second Close
Sale Price (ARV)
$361,000
−
HML Principal Payofffull IO loan balance
$362,250
−
Closing Costs3.5% of sale price
$12,635
−
Realtor Commission6% of sale price
$21,660
=
Net Proceeds to You
−$35,545
Deal Summary
Net Proceeds at Closing
−$35,545
−
Cash to First Close
$39,123
−
Holding Costs (6 mo)
$25,403
−
Contingency Reserve
$2,500
=
NET PROFIT
−$102,570
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$258,140−$96,860
15%$255,880−$99,120
20% ←$253,653−$101,347
25%$251,457−$103,543
30%$249,292−$105,708
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
0.125x
DSCR
Cash to Close
$124,770
single close · no bridge
Monthly Cash Flow
−$1,670/mo
Cash-on-Cash Yr 1
-16.1%
Acquisition — Single Close
DSCR Purchase Loan — 7.1% / 30yr · Minimal Rehab · No Bridge
Loan Amount
$284,000
LTV (80% of ARV)
78.7%
Monthly P&I
$1,909/mo
Equity at Close
$71,000
Down Payment20.0% of $355,000 purchase
$71,000
+
Origination Fee1 pts on $284,000
$2,840
+
DSCR Closing Coststitle / appraisal / escrow
$5,680
+
Acquisition Closing5% of purchase
$17,750
+
Rehab Budgetcash, not financed by DSCR loan
$25,000
Contingency Reserve10% of rehab$2,500
=
Total Cash to Close
$124,770
Equity Position — Day 1 Post-Refi
Property Value
$361,000
−
DSCR Loan Balance
$284,000
=
Equity in Property
$77,000 (21.3%)
−
Capital Left in Deal
$124,770
=
Value Created
−$47,770
$77,000 equity on $124,770 deployed = 0.6× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,655
−
Property Taxes
$901
−
Insurance
$317
−
Maintenance (6% rent)
$99
−
Management (6% rent)
$99
=
OpEx Subtotal
$1,417
=
Net Operating Income
$238
−
DSCR P&I
$1,909/mo
=
Net Cash Flow
−$1,670/mo
DSCR Ratios
DSCR (NOI / Debt Service)
0.125x✗ Fail
Lender DSCR (EGI / P&I+tax+ins+HOA)
0.529x✗ Fail
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$3,553/mo+$1,898 needed
1.10x$3,770/mo+$2,115 needed
1.20x$3,987/mo+$2,332 needed
1.30x ←$4,204/mo+$2,549 needed
1.40x$4,421/mo+$2,766 needed