3626 Purple Meadow Ln, Houston, TX 77345
Houston, 77345
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Listing Agent
Jason Mitchell Group
(469) 515-0090pnealy@jasonmitchellgroup.com
MMX Group/3626 Purple Meadow Ln, Houston, TX 77345
Flip-150.1%✗
HM→DSCR0.847x✗
Cash→DSCR0.847x✗
New Deal

3626 Purple Meadow Ln, Houston, TX 77345

4bd / 2.5ba · 2,536 sqft · built 1990 · Single FamilyAnalyzed Jul 30, 2026
DSCR
0.799x
FAIL
NOI ÷ debt service
Lender DSCR
0.976x
FAIL
EGI ÷ P&I+tax+ins+HOA
Monthly Cash Flow
−$357/mo
FAIL
post all expenses · day 1
Cash to Close
$108,653
80% LTV · single close
Value Generated
$14,500
ARV − purchase − rehab
Starting Equity %
20.5%
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
-150.1%
Flip ROI
Cash to First Close
$36,290
what you bring day 1
Net Profit
−$88,461
Max Bid @ 20%
$242,300
−$88,461 profit  ÷  $58,916 total invested  =  -150.1%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$330,005
Purchase (95% LTV)
$313,405
Rehab (100%)
$16,600
Loan-to-ARV
99.4%
Monthly Interest
$2,747/mo
Down Payment5% of $329,900 purchase
$16,495
+
Origination Fee1 pts on $330,005 loan
$3,300
+
Closing Costs5% of purchase
$16,495
=
Cash to First Close
$36,290
Holding Period — 6 Months
HML Interest9.99% IO · $2,747/mo × 6$16,484
Property Taxes$458/mo × 6$2,750
Insurance$289/mo × 6$1,733
Total Holding Costs$20,966
Contingency Reserve10% of rehab — held, not at first close$1,660
Sale Event — Second Close
Sale Price (ARV)
$332,000
−
HML Principal Payofffull IO loan balance
$330,005
−
Closing Costs3.5% of sale price
$11,620
−
Realtor Commission6% of sale price
$19,920
=
Net Proceeds to You
−$29,545
Deal Summary
Net Proceeds at Closing
−$29,545
−
Cash to First Close
$36,290
−
Holding Costs (6 mo)
$20,966
−
Contingency Reserve
$1,660
=
NET PROFIT
−$88,461
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$246,265−$83,635
15%$244,268−$85,632
20% ←$242,300−$87,600
25%$240,359−$89,541
30%$238,446−$91,454
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
0.799x
DSCR
Cash to Close
$108,653
single close · no bridge
Monthly Cash Flow
−$357/mo
Cash-on-Cash Yr 1
-3.9%
Acquisition — Single Close
DSCR Purchase Loan — 7.1% / 30yr · Minimal Rehab · No Bridge
Loan Amount
$263,920
LTV (80% of ARV)
79.5%
Monthly P&I
$1,774/mo
Equity at Close
$65,980
Down Payment20.0% of $329,900 purchase
$65,980
+
Origination Fee1 pts on $263,920
$2,639
+
DSCR Closing Coststitle / appraisal / escrow
$5,278
+
Acquisition Closing5% of purchase
$16,495
+
Rehab Budgetcash, not financed by DSCR loan
$16,600
Contingency Reserve10% of rehab$1,660
=
Total Cash to Close
$108,653
Equity Position — Day 1 Post-Refi
Property Value
$332,000
−
DSCR Loan Balance
$263,920
=
Equity in Property
$68,080 (20.5%)
−
Capital Left in Deal
$108,653
=
Value Created
−$40,573
$68,080 equity on $108,653 deployed = 0.6× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,459
−
Property Taxes
$458
−
Insurance
$289
−
Maintenance (6% rent)
$148
−
Management (6% rent)
$148
=
OpEx Subtotal
$1,042
=
Net Operating Income
$1,417
−
DSCR P&I
$1,774/mo
=
Net Cash Flow
−$357/mo
DSCR Ratios
DSCR (NOI / Debt Service)
0.799x✗ Fail
Lender DSCR (EGI / P&I+tax+ins+HOA)
0.976x✗ Fail
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$2,864/mo+$405 needed
1.10x$3,066/mo+$607 needed
1.20x$3,268/mo+$809 needed
1.30x ←$3,469/mo+$1,010 needed
1.40x$3,671/mo+$1,212 needed
3626 Purple Meadow Ln, Houston, TX 77345 — MX Analyzer