6527 Gladewell Dr, Houston, TX 77072
Houston, 77072
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Listing Agent
Nancy Estes
(832) 893-4919showinghomes@sbcglobal.net
MMX Group/6527 Gladewell Dr, Houston, TX 77072
Flip-4.7%✗
HM→DSCR0.852x✗
Cash→DSCR0.852x✗
New Deal

6527 Gladewell Dr, Houston, TX 77072

3bd / 2.5ba · 2,045 sqft · built 1982 · Single FamilyAnalyzed Jul 30, 2026
DSCR
1.055x
FAIL
NOI ÷ debt service
Lender DSCR
1.176x
PASS
EGI ÷ P&I+tax+ins+HOA
Monthly Cash Flow
$62/mo
PASS
post all expenses · day 1
Cash to Close
$72,748
80% LTV · single close
Value Generated
$53,250
ARV − purchase − rehab
Starting Equity %
39.4%
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
-4.7%
Flip ROI
Cash to First Close
$23,490
what you bring day 1
Net Profit
−$1,865
Max Bid @ 20%
$201,788
−$1,865 profit  ÷  $39,295 total invested  =  -4.7%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$213,255
Purchase (95% LTV)
$199,405
Rehab (100%)
$13,850
Loan-to-ARV
77.0%
Monthly Interest
$1,775/mo
Down Payment5% of $209,900 purchase
$10,495
+
Origination Fee1 pts on $213,255 loan
$2,500
+
Closing Costs5% of purchase
$10,495
=
Cash to First Close
$23,490
Holding Period — 6 Months
HML Interest9.99% IO · $1,775/mo × 6$10,652
Property Taxes$442/mo × 6$2,649
Insurance$186/mo × 6$1,119
Total Holding Costs$14,420
Contingency Reserve10% of rehab — held, not at first close$1,385
Sale Event — Second Close
Sale Price (ARV)
$277,000
−
HML Principal Payofffull IO loan balance
$213,255
−
Closing Costs3.5% of sale price
$9,695
−
Realtor Commission6% of sale price
$16,620
=
Net Proceeds to You
$37,430
Deal Summary
Net Proceeds at Closing
$37,430
−
Cash to First Close
$23,490
−
Holding Costs (6 mo)
$14,420
−
Contingency Reserve
$1,385
=
NET PROFIT
−$1,865
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$205,122−$4,778
15%$203,443−$6,457
20% ←$201,788−$8,112
25%$200,156−$9,744
30%$198,547−$11,353
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
1.055x
DSCR
Cash to Close
$72,748
single close · no bridge
Monthly Cash Flow
$62/mo
Cash-on-Cash Yr 1
1.0%
Acquisition — Single Close
DSCR Purchase Loan — 7.1% / 30yr · Minimal Rehab · No Bridge
Loan Amount
$167,920
LTV (80% of ARV)
60.6%
Monthly P&I
$1,128/mo
Equity at Close
$41,980
Down Payment20.0% of $209,900 purchase
$41,980
+
Origination Fee1 pts on $167,920
$1,679
+
DSCR Closing Coststitle / appraisal / escrow
$3,358
+
Acquisition Closing5% of purchase
$10,495
+
Rehab Budgetcash, not financed by DSCR loan
$13,850
Contingency Reserve10% of rehab$1,385
=
Total Cash to Close
$72,748
Equity Position — Day 1 Post-Refi
Property Value
$277,000
−
DSCR Loan Balance
$167,920
=
Equity in Property
$109,080 (39.4%)
−
Capital Left in Deal
$72,748
=
Value Created
$36,332
$109,080 equity on $72,748 deployed = 1.5× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,066
−
Property Taxes
$442
−
Insurance
$186
−
Maintenance (6% rent)
$124
−
Management (6% rent)
$124
=
OpEx Subtotal
$876
=
Net Operating Income
$1,190
−
DSCR P&I
$1,128/mo
=
Net Cash Flow
$62/mo
DSCR Ratios
DSCR (NOI / Debt Service)
1.055x✗ Fail
Lender DSCR (EGI / P&I+tax+ins+HOA)
1.176x✓ Pass
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$1,996/mo✓ met
1.10x$2,124/mo+$58 needed
1.20x$2,252/mo+$186 needed
1.30x ←$2,381/mo+$315 needed
1.40x$2,509/mo+$443 needed