5210 Dunnethead Dr, Houston, TX 77084
Houston, 77084
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Listing Agent
Jason Mitchell Group
(469) 515-0090pnealy@jasonmitchellgroup.com
MMX Group/5210 Dunnethead Dr, Houston, TX 77084
Flip-34.5%✗
HM→DSCR0.739x✗
Cash→DSCR0.739x✗
New Deal

5210 Dunnethead Dr, Houston, TX 77084

3bd / 2ba · 1,903 sqft · built 1977 · Single FamilyAnalyzed Jul 30, 2026
DSCR
0.870x
FAIL
NOI ÷ debt service
Lender DSCR
1.044x
PASS
EGI ÷ P&I+tax+ins+HOA
Monthly Cash Flow
−$144/mo
FAIL
post all expenses · day 1
Cash to Close
$70,497
80% LTV · single close
Value Generated
$39,600
ARV − purchase − rehab
Starting Equity %
36.3%
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
-34.5%
Flip ROI
Cash to First Close
$23,050
what you bring day 1
Net Profit
−$13,380
Max Bid @ 20%
$187,475
−$13,380 profit  ÷  $38,745 total invested  =  -34.5%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$208,125
Purchase (95% LTV)
$195,225
Rehab (100%)
$12,900
Loan-to-ARV
80.7%
Monthly Interest
$1,733/mo
Down Payment5% of $205,500 purchase
$10,275
+
Origination Fee1 pts on $208,125 loan
$2,500
+
Closing Costs5% of purchase
$10,275
=
Cash to First Close
$23,050
Holding Period — 6 Months
HML Interest9.99% IO · $1,733/mo × 6$10,396
Property Taxes$486/mo × 6$2,917
Insurance$182/mo × 6$1,092
Total Holding Costs$14,405
Contingency Reserve10% of rehab — held, not at first close$1,290
Sale Event — Second Close
Sale Price (ARV)
$258,000
−
HML Principal Payofffull IO loan balance
$208,125
−
Closing Costs3.5% of sale price
$9,030
−
Realtor Commission6% of sale price
$15,480
=
Net Proceeds to You
$25,365
Deal Summary
Net Proceeds at Closing
$25,365
−
Cash to First Close
$23,050
−
Holding Costs (6 mo)
$14,405
−
Contingency Reserve
$1,290
=
NET PROFIT
−$13,380
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$190,614−$14,886
15%$189,033−$16,467
20% ←$187,475−$18,025
25%$185,939−$19,561
30%$184,425−$21,075
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
0.870x
DSCR
Cash to Close
$70,497
single close · no bridge
Monthly Cash Flow
−$144/mo
Cash-on-Cash Yr 1
-2.5%
Acquisition — Single Close
DSCR Purchase Loan — 7.1% / 30yr · Minimal Rehab · No Bridge
Loan Amount
$164,400
LTV (80% of ARV)
63.7%
Monthly P&I
$1,105/mo
Equity at Close
$41,100
Down Payment20.0% of $205,500 purchase
$41,100
+
Origination Fee1 pts on $164,400
$1,644
+
DSCR Closing Coststitle / appraisal / escrow
$3,288
+
Acquisition Closing5% of purchase
$10,275
+
Rehab Budgetcash, not financed by DSCR loan
$12,900
Contingency Reserve10% of rehab$1,290
=
Total Cash to Close
$70,497
Equity Position — Day 1 Post-Refi
Property Value
$258,000
−
DSCR Loan Balance
$164,400
=
Equity in Property
$93,600 (36.3%)
−
Capital Left in Deal
$70,497
=
Value Created
$23,103
$93,600 equity on $70,497 deployed = 1.3× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,851
−
Property Taxes
$486
−
Insurance
$182
−
Maintenance (6% rent)
$111
−
Management (6% rent)
$111
=
OpEx Subtotal
$890
=
Net Operating Income
$961
−
DSCR P&I
$1,105/mo
=
Net Cash Flow
−$144/mo
DSCR Ratios
DSCR (NOI / Debt Service)
0.870x✗ Fail
Lender DSCR (EGI / P&I+tax+ins+HOA)
1.044x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$2,015/mo+$164 needed
1.10x$2,140/mo+$289 needed
1.20x$2,266/mo+$415 needed
1.30x ←$2,391/mo+$540 needed
1.40x$2,517/mo+$666 needed