5643 Round Robin Dr, Katy, TX 77449
Katy, 77449
View on Zillow →View on PropStream →
Listing Agent
Lesean Wilburd
(713) 398-1432
MMX Group/5643 Round Robin Dr, Katy, TX 77449
Flip-93.8%✗
HM→DSCR0.694x✗
Cash→DSCR0.694x✗
New Deal

5643 Round Robin Dr, Katy, TX 77449

4bd / 2.5ba · 1,978 sqft · built 2015 · Single FamilyAnalyzed Jul 30, 2026
DSCR
0.731x
FAIL
NOI ÷ debt service
Lender DSCR
0.948x
FAIL
EGI ÷ P&I+tax+ins+HOA
Monthly Cash Flow
−$383/mo
FAIL
post all expenses · day 1
Cash to Close
$88,997
80% LTV · single close
Value Generated
$18,110
ARV − purchase − rehab
Starting Equity %
28.9%
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
-93.8%
Flip ROI
Cash to First Close
$29,165
what you bring day 1
Net Profit
−$46,251
Max Bid @ 20%
$215,956
−$46,251 profit  ÷  $49,301 total invested  =  -93.8%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$266,641
Purchase (95% LTV)
$251,741
Rehab (100%)
$14,900
Loan-to-ARV
89.5%
Monthly Interest
$2,220/mo
Down Payment5% of $264,990 purchase
$13,250
+
Origination Fee1 pts on $266,641 loan
$2,666
+
Closing Costs5% of purchase
$13,250
=
Cash to First Close
$29,165
Holding Period — 6 Months
HML Interest9.99% IO · $2,220/mo × 6$13,319
Property Taxes$655/mo × 6$3,927
Insurance$233/mo × 6$1,399
Total Holding Costs$18,645
Contingency Reserve10% of rehab — held, not at first close$1,490
Sale Event — Second Close
Sale Price (ARV)
$298,000
−
HML Principal Payofffull IO loan balance
$266,641
−
Closing Costs3.5% of sale price
$10,430
−
Realtor Commission6% of sale price
$17,880
=
Net Proceeds to You
$3,050
Deal Summary
Net Proceeds at Closing
$3,050
−
Cash to First Close
$29,165
−
Holding Costs (6 mo)
$18,645
−
Contingency Reserve
$1,490
=
NET PROFIT
−$46,251
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$219,623−$45,367
15%$217,776−$47,214
20% ←$215,956−$49,034
25%$214,162−$50,828
30%$212,393−$52,597
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
0.731x
DSCR
Cash to Close
$88,997
single close · no bridge
Monthly Cash Flow
−$383/mo
Cash-on-Cash Yr 1
-5.2%
Acquisition — Single Close
DSCR Purchase Loan — 7.1% / 30yr · Minimal Rehab · No Bridge
Loan Amount
$211,992
LTV (80% of ARV)
71.1%
Monthly P&I
$1,425/mo
Equity at Close
$52,998
Down Payment20.0% of $264,990 purchase
$52,998
+
Origination Fee1 pts on $211,992
$2,120
+
DSCR Closing Coststitle / appraisal / escrow
$4,240
+
Acquisition Closing5% of purchase
$13,250
+
Rehab Budgetcash, not financed by DSCR loan
$14,900
Contingency Reserve10% of rehab$1,490
=
Total Cash to Close
$88,997
Equity Position — Day 1 Post-Refi
Property Value
$298,000
−
DSCR Loan Balance
$211,992
=
Equity in Property
$86,008 (28.9%)
−
Capital Left in Deal
$88,997
=
Value Created
−$2,989
$86,008 equity on $88,997 deployed = 1.0× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,193
−
Property Taxes
$655
−
Insurance
$233
−
Maintenance (6% rent)
$132
−
Management (6% rent)
$132
=
OpEx Subtotal
$1,151
=
Net Operating Income
$1,042
−
DSCR P&I
$1,425/mo
=
Net Cash Flow
−$383/mo
DSCR Ratios
DSCR (NOI / Debt Service)
0.731x✗ Fail
Lender DSCR (EGI / P&I+tax+ins+HOA)
0.948x✗ Fail
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$2,628/mo+$435 needed
1.10x$2,790/mo+$597 needed
1.20x$2,952/mo+$759 needed
1.30x ←$3,113/mo+$920 needed
1.40x$3,275/mo+$1,082 needed