5622 Woodgreen St, Houston, TX 77033
Houston, 77033
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Listing Agent
Sydney Peterson
MMX Group/5622 Woodgreen St, Houston, TX 77033
Flip-40.0%✗
HM→DSCR0.987x✗
Cash→DSCR0.987x✗
New Deal

5622 Woodgreen St, Houston, TX 77033

3bd / 1ba · 1,397 sqft · built 1962 · Single FamilyAnalyzed Jul 30, 2026
DSCR
1.150x
FAIL
NOI ÷ debt service
Lender DSCR
1.252x
PASS
EGI ÷ P&I+tax+ins+HOA
Monthly Cash Flow
$133/mo
PASS
post all expenses · day 1
Cash to Close
$56,485
80% LTV · single close
Value Generated
$29,750
ARV − purchase − rehab
Starting Equity %
35.6%
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
-40.0%
Flip ROI
Cash to First Close
$19,000
what you bring day 1
Net Profit
−$12,348
Max Bid @ 20%
$149,684
−$12,348 profit  ÷  $30,873 total invested  =  -40.0%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$167,000
Purchase (95% LTV)
$156,750
Rehab (100%)
$10,250
Loan-to-ARV
81.5%
Monthly Interest
$1,390/mo
Down Payment5% of $165,000 purchase
$8,250
+
Origination Fee1 pts on $167,000 loan
$2,500
+
Closing Costs5% of purchase
$8,250
=
Cash to First Close
$19,000
Holding Period — 6 Months
HML Interest9.99% IO · $1,390/mo × 6$8,342
Property Taxes$272/mo × 6$1,630
Insurance$146/mo × 6$876
Total Holding Costs$10,848
Contingency Reserve10% of rehab — held, not at first close$1,025
Sale Event — Second Close
Sale Price (ARV)
$205,000
−
HML Principal Payofffull IO loan balance
$167,000
−
Closing Costs3.5% of sale price
$7,175
−
Realtor Commission6% of sale price
$12,300
=
Net Proceeds to You
$18,525
Deal Summary
Net Proceeds at Closing
$18,525
−
Cash to First Close
$19,000
−
Holding Costs (6 mo)
$10,848
−
Contingency Reserve
$1,025
=
NET PROFIT
−$12,348
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$152,127−$12,873
15%$150,897−$14,103
20% ←$149,684−$15,316
25%$148,488−$16,512
30%$147,309−$17,691
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
1.150x
DSCR
Cash to Close
$56,485
single close · no bridge
Monthly Cash Flow
$133/mo
Cash-on-Cash Yr 1
2.8%
Acquisition — Single Close
DSCR Purchase Loan — 7.1% / 30yr · Minimal Rehab · No Bridge
Loan Amount
$132,000
LTV (80% of ARV)
64.4%
Monthly P&I
$887/mo
Equity at Close
$33,000
Down Payment20.0% of $165,000 purchase
$33,000
+
Origination Fee1 pts on $132,000
$1,320
+
DSCR Closing Coststitle / appraisal / escrow
$2,640
+
Acquisition Closing5% of purchase
$8,250
+
Rehab Budgetcash, not financed by DSCR loan
$10,250
Contingency Reserve10% of rehab$1,025
=
Total Cash to Close
$56,485
Equity Position — Day 1 Post-Refi
Property Value
$205,000
−
DSCR Loan Balance
$132,000
=
Equity in Property
$73,000 (35.6%)
−
Capital Left in Deal
$56,485
=
Value Created
$16,515
$73,000 equity on $56,485 deployed = 1.3× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$1,634
−
Property Taxes
$272
−
Insurance
$146
−
Maintenance (6% rent)
$98
−
Management (6% rent)
$98
=
OpEx Subtotal
$614
=
Net Operating Income
$1,020
−
DSCR P&I
$887/mo
=
Net Cash Flow
$133/mo
DSCR Ratios
DSCR (NOI / Debt Service)
1.150x✗ Fail
Lender DSCR (EGI / P&I+tax+ins+HOA)
1.252x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,483/mo✓ met
1.10x$1,584/mo✓ met
1.20x$1,684/mo+$50 needed
1.30x ←$1,785/mo+$151 needed
1.40x$1,886/mo+$252 needed