3110 Katner Ln, Spring, TX 77386
Spring, 77386
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Listing Agent
Rebecca Striebeck
MMX Group/3110 Katner Ln, Spring, TX 77386
Flip-61.7%✗
HM→DSCR0.692x✗
Cash→DSCR0.692x✗
New Deal

3110 Katner Ln, Spring, TX 77386

4bd / 2.5ba · 3,158 sqft · built 2005 · Single FamilyAnalyzed Jul 30, 2026
DSCR
0.781x
FAIL
NOI ÷ debt service
Lender DSCR
0.966x
FAIL
EGI ÷ P&I+tax+ins+HOA
Monthly Cash Flow
−$430/mo
FAIL
post all expenses · day 1
Cash to Close
$127,510
80% LTV · single close
Value Generated
$49,000
ARV − purchase − rehab
Starting Equity %
33.5%
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
-61.7%
Flip ROI
Cash to First Close
$40,218
what you bring day 1
Net Profit
−$41,168
Max Bid @ 20%
$317,365
−$41,168 profit  ÷  $66,713 total invested  =  -61.7%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$371,750
Purchase (95% LTV)
$346,750
Rehab (100%)
$25,000
Loan-to-ARV
84.7%
Monthly Interest
$3,095/mo
Down Payment5% of $365,000 purchase
$18,250
+
Origination Fee1 pts on $371,750 loan
$3,718
+
Closing Costs5% of purchase
$18,250
=
Cash to First Close
$40,218
Holding Period — 6 Months
HML Interest9.99% IO · $3,095/mo × 6$18,569
Property Taxes$580/mo × 6$3,477
Insurance$325/mo × 6$1,950
Total Holding Costs$23,996
Contingency Reserve10% of rehab — held, not at first close$2,500
Sale Event — Second Close
Sale Price (ARV)
$439,000
−
HML Principal Payofffull IO loan balance
$371,750
−
Closing Costs3.5% of sale price
$15,365
−
Realtor Commission6% of sale price
$26,340
=
Net Proceeds to You
$25,545
Deal Summary
Net Proceeds at Closing
$25,545
−
Cash to First Close
$40,218
−
Holding Costs (6 mo)
$23,996
−
Contingency Reserve
$2,500
=
NET PROFIT
−$41,168
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$322,594−$42,406
15%$319,961−$45,039
20% ←$317,365−$47,635
25%$314,805−$50,195
30%$312,281−$52,719
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
0.781x
DSCR
Cash to Close
$127,510
single close · no bridge
Monthly Cash Flow
−$430/mo
Cash-on-Cash Yr 1
-4.0%
Acquisition — Single Close
DSCR Purchase Loan — 7.1% / 30yr · Minimal Rehab · No Bridge
Loan Amount
$292,000
LTV (80% of ARV)
66.5%
Monthly P&I
$1,962/mo
Equity at Close
$73,000
Down Payment20.0% of $365,000 purchase
$73,000
+
Origination Fee1 pts on $292,000
$2,920
+
DSCR Closing Coststitle / appraisal / escrow
$5,840
+
Acquisition Closing5% of purchase
$18,250
+
Rehab Budgetcash, not financed by DSCR loan
$25,000
Contingency Reserve10% of rehab$2,500
=
Total Cash to Close
$127,510
Equity Position — Day 1 Post-Refi
Property Value
$439,000
−
DSCR Loan Balance
$292,000
=
Equity in Property
$147,000 (33.5%)
−
Capital Left in Deal
$127,510
=
Value Created
$19,490
$147,000 equity on $127,510 deployed = 1.2× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,769
−
Property Taxes
$580
−
Insurance
$325
−
Maintenance (6% rent)
$166
−
Management (6% rent)
$166
=
OpEx Subtotal
$1,237
=
Net Operating Income
$1,532
−
DSCR P&I
$1,962/mo
=
Net Cash Flow
−$430/mo
DSCR Ratios
DSCR (NOI / Debt Service)
0.781x✗ Fail
Lender DSCR (EGI / P&I+tax+ins+HOA)
0.966x✗ Fail
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$3,258/mo+$489 needed
1.10x$3,481/mo+$712 needed
1.20x$3,704/mo+$935 needed
1.30x ←$3,927/mo+$1,158 needed
1.40x$4,150/mo+$1,381 needed
3110 Katner Ln, Spring, TX 77386 — MX Analyzer