5442 Airport Blvd, Houston, TX 77048
3bd / 2ba · 1,592 sqft · built 1960 · Single FamilyAnalyzed Jul 30, 2026$
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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
0.822x
DSCR
Cash to Close
$79,072
single close · no bridge
Monthly Cash Flow
−$208/mo
Cash-on-Cash Yr 1
-3.2%
Acquisition — Single Close
DSCR Purchase Loan — 7.1% / 30yr · Minimal Rehab · No Bridge
Loan Amount
$174,400
LTV (80% of ARV)
80.0%
Monthly P&I
$1,172/mo
Equity at Close
$43,600
Down Payment22.5% of $225,000 purchase
$50,600+
Origination Fee1 pts on $174,400
$1,744+
DSCR Closing Coststitle / appraisal / escrow
$3,488+
Acquisition Closing5% of purchase
$11,250+
Rehab Budgetcash, not financed by DSCR loan
$10,900Contingency Reserve10% of rehab$1,090
=
Total Cash to Close
$79,072Equity Position — Day 1 Post-Refi
Property Value
$218,000−
DSCR Loan Balance
$174,400=
Equity in Property
$43,600 (20.0%)−
Capital Left in Deal
$79,072=
Value Created
−$35,472$43,600 equity on $79,072 deployed = 0.6× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,642−
Property Taxes
$285−
Insurance
$197−
Maintenance (6% rent)
$99−
Management (6% rent)
$99=
OpEx Subtotal
$678=
Net Operating Income
$964−
DSCR P&I
$1,172/mo=
Net Cash Flow
−$208/moDSCR Ratios
DSCR (NOI / Debt Service)
0.822x✗ Fail
Lender DSCR (EGI / P&I+tax+ins+HOA)
0.993x✗ Fail
Required Rent by DSCR Target
| Target | Rent Needed | vs Current |
|---|---|---|
| 1.00x | $1,879/mo | +$237 needed |
| 1.10x | $2,012/mo | +$370 needed |
| 1.20x | $2,145/mo | +$503 needed |
| 1.30x ← | $2,278/mo | +$636 needed |
| 1.40x | $2,412/mo | +$770 needed |