4803 Wellington Manor Ct, Katy, TX 77493
Katy, 77493
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Listing Agent
Maura Westphal
(832) 654-0054mwrealtyservices@gmail.com
MMX Group/4803 Wellington Manor Ct, Katy, TX 77493
Flip-128.9%✗
HM→DSCR0.657x✗
Cash→DSCR0.657x✗
New Deal

4803 Wellington Manor Ct, Katy, TX 77493

5bd / 3ba · 2,785 sqft · built 2021 · Single FamilyAnalyzed Jul 30, 2026
DSCR
0.646x
FAIL
NOI ÷ debt service
Lender DSCR
0.886x
FAIL
EGI ÷ P&I+tax+ins+HOA
Monthly Cash Flow
−$667/mo
FAIL
post all expenses · day 1
Cash to Close
$116,085
80% LTV · single close
Value Generated
$1,349
ARV − purchase − rehab
Starting Equity %
23.7%
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
-128.9%
Flip ROI
Cash to First Close
$38,508
what you bring day 1
Net Profit
−$83,455
Max Bid @ 20%
$265,756
−$83,455 profit  ÷  $64,741 total invested  =  -128.9%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$350,849
Purchase (95% LTV)
$332,499
Rehab (100%)
$18,350
Loan-to-ARV
95.6%
Monthly Interest
$2,921/mo
Down Payment5% of $349,999 purchase
$17,500
+
Origination Fee1 pts on $350,849 loan
$3,508
+
Closing Costs5% of purchase
$17,500
=
Cash to First Close
$38,508
Holding Period — 6 Months
HML Interest9.99% IO · $2,921/mo × 6$17,525
Property Taxes$838/mo × 6$5,031
Insurance$307/mo × 6$1,842
Total Holding Costs$24,397
Contingency Reserve10% of rehab — held, not at first close$1,835
Sale Event — Second Close
Sale Price (ARV)
$367,000
−
HML Principal Payofffull IO loan balance
$350,849
−
Closing Costs3.5% of sale price
$12,845
−
Realtor Commission6% of sale price
$22,020
=
Net Proceeds to You
−$18,714
Deal Summary
Net Proceeds at Closing
−$18,714
−
Cash to First Close
$38,508
−
Holding Costs (6 mo)
$24,397
−
Contingency Reserve
$1,835
=
NET PROFIT
−$83,455
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$270,285−$79,714
15%$268,005−$81,994
20% ←$265,756−$84,243
25%$263,539−$86,460
30%$261,353−$88,646
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
0.646x
DSCR
Cash to Close
$116,085
single close · no bridge
Monthly Cash Flow
−$667/mo
Cash-on-Cash Yr 1
-6.9%
Acquisition — Single Close
DSCR Purchase Loan — 7.1% / 30yr · Minimal Rehab · No Bridge
Loan Amount
$279,999
LTV (80% of ARV)
76.3%
Monthly P&I
$1,882/mo
Equity at Close
$70,000
Down Payment20.0% of $349,999 purchase
$70,000
+
Origination Fee1 pts on $279,999
$2,800
+
DSCR Closing Coststitle / appraisal / escrow
$5,600
+
Acquisition Closing5% of purchase
$17,500
+
Rehab Budgetcash, not financed by DSCR loan
$18,350
Contingency Reserve10% of rehab$1,835
=
Total Cash to Close
$116,085
Equity Position — Day 1 Post-Refi
Property Value
$367,000
−
DSCR Loan Balance
$279,999
=
Equity in Property
$87,001 (23.7%)
−
Capital Left in Deal
$116,085
=
Value Created
−$29,084
$87,001 equity on $116,085 deployed = 0.7× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,682
−
Property Taxes
$838
−
Insurance
$307
−
Maintenance (6% rent)
$161
−
Management (6% rent)
$161
=
OpEx Subtotal
$1,467
=
Net Operating Income
$1,215
−
DSCR P&I
$1,882/mo
=
Net Cash Flow
−$667/mo
DSCR Ratios
DSCR (NOI / Debt Service)
0.646x✗ Fail
Lender DSCR (EGI / P&I+tax+ins+HOA)
0.886x✗ Fail
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$3,440/mo+$758 needed
1.10x$3,654/mo+$972 needed
1.20x$3,867/mo+$1,185 needed
1.30x ←$4,081/mo+$1,399 needed
1.40x$4,295/mo+$1,613 needed
4803 Wellington Manor Ct, Katy, TX 77493 — MX Analyzer