513 Sunnyside St, Houston, TX 77076
Houston, 77076
View on Zillow →
Listing Agent
Karolina Escobedo
(346) 770-7868karoesco4@gmail.com
MMX Group/513 Sunnyside St, Houston, TX 77076
Flip111.8%✓
HM→DSCR0.977x✗
Cash→DSCR0.977x✗
New Deal

513 Sunnyside St, Houston, TX 77076

5bd / 3ba · 2,187 sqft · built 1954 · Single FamilyAnalyzed Jul 30, 2026
DSCR
1.483x
PASS
NOI ÷ debt service
Lender DSCR
1.524x
PASS
EGI ÷ P&I+tax+ins+HOA
Monthly Cash Flow
$571/mo
PASS
post all expenses · day 1
Cash to Close
$87,780
80% LTV · single close
Value Generated
$111,000
ARV − purchase − rehab
Starting Equity %
50.6%
ARV − DSCR loan ÷ ARV, day 1
$
$
$
$
$
$
Scenario 1 — Flip
Hard money loan · sell at ARV after rehab
✅
PASSES FLIP
Min 20% ROI · 6-mo hold
111.8%
Flip ROI
Cash to First Close
$24,500
what you bring day 1
Net Profit
$46,546
Max Bid @ 20%
$253,566
$46,546 profit  ÷  $41,634 total invested  =  111.8%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$234,000
Purchase (95% LTV)
$209,000
Rehab (100%)
$25,000
Loan-to-ARV
65.7%
Monthly Interest
$1,948/mo
Down Payment5% of $220,000 purchase
$11,000
+
Origination Fee1 pts on $234,000 loan
$2,500
+
Closing Costs5% of purchase
$11,000
=
Cash to First Close
$24,500
Holding Period — 6 Months
HML Interest9.99% IO · $1,948/mo × 6$11,688
Property Taxes$287/mo × 6$1,721
Insurance$204/mo × 6$1,225
Total Holding Costs$14,634
Contingency Reserve10% of rehab — held, not at first close$2,500
Sale Event — Second Close
Sale Price (ARV)
$356,000
−
HML Principal Payofffull IO loan balance
$234,000
−
Closing Costs3.5% of sale price
$12,460
−
Realtor Commission6% of sale price
$21,360
=
Net Proceeds to You
$88,180
Deal Summary
Net Proceeds at Closing
$88,180
−
Cash to First Close
$24,500
−
Holding Costs (6 mo)
$14,634
−
Contingency Reserve
$2,500
=
NET PROFIT
$46,546
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$257,724✓ ok
15%$255,630✓ ok
20% ←$253,566✓ ok
25%$251,531✓ ok
30%$249,524✓ ok
Scenario 4 — Turn Key DSCR
Direct DSCR purchase · 80% of ARV · 7.1% / 30yr · one close
✅
PASSES DSCR
Min 1.30x · 7.1% / 30-yr DSCR · 80% of ARV
1.483x
DSCR
Cash to Close
$87,780
single close · no bridge
Monthly Cash Flow
$571/mo
Cash-on-Cash Yr 1
7.8%
Acquisition — Single Close
DSCR Purchase Loan — 7.1% / 30yr · Minimal Rehab · No Bridge
Loan Amount
$176,000
LTV (80% of ARV)
49.4%
Monthly P&I
$1,183/mo
Equity at Close
$44,000
Down Payment20.0% of $220,000 purchase
$44,000
+
Origination Fee1 pts on $176,000
$1,760
+
DSCR Closing Coststitle / appraisal / escrow
$3,520
+
Acquisition Closing5% of purchase
$11,000
+
Rehab Budgetcash, not financed by DSCR loan
$25,000
Contingency Reserve10% of rehab$2,500
=
Total Cash to Close
$87,780
Equity Position — Day 1 Post-Refi
Property Value
$356,000
−
DSCR Loan Balance
$176,000
=
Equity in Property
$180,000 (50.6%)
−
Capital Left in Deal
$87,780
=
Value Created
$92,220
$180,000 equity on $87,780 deployed = 2.1× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,551
−
Property Taxes
$287
−
Insurance
$204
−
Maintenance (6% rent)
$153
−
Management (6% rent)
$153
=
OpEx Subtotal
$797
=
Net Operating Income
$1,754
−
DSCR P&I
$1,183/mo
=
Net Cash Flow
$571/mo
DSCR Ratios
DSCR (NOI / Debt Service)
1.483x✓ Pass
Lender DSCR (EGI / P&I+tax+ins+HOA)
1.524x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,902/mo✓ met
1.10x$2,036/mo✓ met
1.20x$2,171/mo✓ met
1.30x ←$2,305/mo✓ met
1.40x$2,440/mo✓ met