18318 Oakhampton Dr, Houston, TX 77084
Houston, 77084
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Listing Agent
Dawn Lawrence
(469) 855-0199dawntherealtor13@gmail.com
MMX Group/18318 Oakhampton Dr, Houston, TX 77084
Flip-85.0%✗
HM→DSCR0.681x✗
Cash→DSCR0.681x✗
New Deal

18318 Oakhampton Dr, Houston, TX 77084

4bd / 2.5ba · 2,548 sqft · built 1986 · Single FamilyAnalyzed Jul 30, 2026
DSCR
0.729x
FAIL
NOI ÷ debt service
Lender DSCR
0.913x
FAIL
EGI ÷ P&I+tax+ins+HOA
Monthly Cash Flow
−$480/mo
FAIL
post all expenses · day 1
Cash to Close
$111,155
80% LTV · single close
Value Generated
$28,150
ARV − purchase − rehab
Starting Equity %
30.0%
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
-85.0%
Flip ROI
Cash to First Close
$36,324
what you bring day 1
Net Profit
−$49,957
Max Bid @ 20%
$276,069
−$49,957 profit  ÷  $58,792 total invested  =  -85.0%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$332,350
Purchase (95% LTV)
$313,500
Rehab (100%)
$18,850
Loan-to-ARV
88.2%
Monthly Interest
$2,767/mo
Down Payment5% of $330,000 purchase
$16,500
+
Origination Fee1 pts on $332,350 loan
$3,324
+
Closing Costs5% of purchase
$16,500
=
Cash to First Close
$36,324
Holding Period — 6 Months
HML Interest9.99% IO · $2,767/mo × 6$16,601
Property Taxes$373/mo × 6$2,239
Insurance$291/mo × 6$1,744
Total Holding Costs$20,584
Contingency Reserve10% of rehab — held, not at first close$1,885
Sale Event — Second Close
Sale Price (ARV)
$377,000
−
HML Principal Payofffull IO loan balance
$332,350
−
Closing Costs3.5% of sale price
$13,195
−
Realtor Commission6% of sale price
$22,620
=
Net Proceeds to You
$8,835
Deal Summary
Net Proceeds at Closing
$8,835
−
Cash to First Close
$36,324
−
Holding Costs (6 mo)
$20,584
−
Contingency Reserve
$1,885
=
NET PROFIT
−$49,957
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$280,506−$49,494
15%$278,272−$51,728
20% ←$276,069−$53,931
25%$273,897−$56,103
30%$271,756−$58,244
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
0.729x
DSCR
Cash to Close
$111,155
single close · no bridge
Monthly Cash Flow
−$480/mo
Cash-on-Cash Yr 1
-5.2%
Acquisition — Single Close
DSCR Purchase Loan — 7.1% / 30yr · Minimal Rehab · No Bridge
Loan Amount
$264,000
LTV (80% of ARV)
70.0%
Monthly P&I
$1,774/mo
Equity at Close
$66,000
Down Payment20.0% of $330,000 purchase
$66,000
+
Origination Fee1 pts on $264,000
$2,640
+
DSCR Closing Coststitle / appraisal / escrow
$5,280
+
Acquisition Closing5% of purchase
$16,500
+
Rehab Budgetcash, not financed by DSCR loan
$18,850
Contingency Reserve10% of rehab$1,885
=
Total Cash to Close
$111,155
Equity Position — Day 1 Post-Refi
Property Value
$377,000
−
DSCR Loan Balance
$264,000
=
Equity in Property
$113,000 (30.0%)
−
Capital Left in Deal
$111,155
=
Value Created
$1,845
$113,000 equity on $111,155 deployed = 1.0× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,225
−
Property Taxes
$373
−
Insurance
$291
−
Maintenance (6% rent)
$134
−
Management (6% rent)
$134
=
OpEx Subtotal
$931
=
Net Operating Income
$1,294
−
DSCR P&I
$1,774/mo
=
Net Cash Flow
−$480/mo
DSCR Ratios
DSCR (NOI / Debt Service)
0.729x✗ Fail
Lender DSCR (EGI / P&I+tax+ins+HOA)
0.913x✗ Fail
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$2,770/mo+$545 needed
1.10x$2,972/mo+$747 needed
1.20x$3,174/mo+$949 needed
1.30x ←$3,375/mo+$1,150 needed
1.40x$3,577/mo+$1,352 needed