6715 La Sombra Dr, Houston, TX 77083
Houston, 77083
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Listing Agent
Coronado Home Selling Team
(713) 589-8808support@realtyright.com
MMX Group/6715 La Sombra Dr, Houston, TX 77083
Flip-173.8%✗
HM→DSCR0.735x✗
Cash→DSCR0.735x✗
New Deal

6715 La Sombra Dr, Houston, TX 77083

5bd / 3ba · 2,184 sqft · built 1980 · Single FamilyAnalyzed Jul 30, 2026
DSCR
0.689x
FAIL
NOI ÷ debt service
Lender DSCR
0.898x
FAIL
EGI ÷ P&I+tax+ins+HOA
Monthly Cash Flow
−$482/mo
FAIL
post all expenses · day 1
Cash to Close
$108,512
80% LTV · single close
Value Generated
$27,000
ARV − purchase − rehab
Starting Equity %
20.0%
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
-173.8%
Flip ROI
Cash to First Close
$32,005
what you bring day 1
Net Profit
−$93,867
Max Bid @ 20%
$198,534
−$93,867 profit  ÷  $54,007 total invested  =  -173.8%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$300,500
Purchase (95% LTV)
$275,500
Rehab (100%)
$25,000
Loan-to-ARV
104.3%
Monthly Interest
$2,502/mo
Down Payment5% of $290,000 purchase
$14,500
+
Origination Fee1 pts on $300,500 loan
$3,005
+
Closing Costs5% of purchase
$14,500
=
Cash to First Close
$32,005
Holding Period — 6 Months
HML Interest9.99% IO · $2,502/mo × 6$15,010
Property Taxes$486/mo × 6$2,917
Insurance$263/mo × 6$1,575
Total Holding Costs$19,502
Contingency Reserve10% of rehab — held, not at first close$2,500
Sale Event — Second Close
Sale Price (ARV)
$288,000
−
HML Principal Payofffull IO loan balance
$300,500
−
Closing Costs3.5% of sale price
$10,080
−
Realtor Commission6% of sale price
$17,280
=
Net Proceeds to You
−$39,860
Deal Summary
Net Proceeds at Closing
−$39,860
−
Cash to First Close
$32,005
−
Holding Costs (6 mo)
$19,502
−
Contingency Reserve
$2,500
=
NET PROFIT
−$93,867
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$202,008−$87,992
15%$200,259−$89,741
20% ←$198,534−$91,466
25%$196,834−$93,166
30%$195,157−$94,843
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
0.689x
DSCR
Cash to Close
$108,512
single close · no bridge
Monthly Cash Flow
−$482/mo
Cash-on-Cash Yr 1
-5.3%
Acquisition — Single Close
DSCR Purchase Loan — 7.1% / 30yr · Minimal Rehab · No Bridge
Loan Amount
$230,400
LTV (80% of ARV)
80.0%
Monthly P&I
$1,548/mo
Equity at Close
$57,600
Down Payment20.6% of $290,000 purchase
$59,600
+
Origination Fee1 pts on $230,400
$2,304
+
DSCR Closing Coststitle / appraisal / escrow
$4,608
+
Acquisition Closing5% of purchase
$14,500
+
Rehab Budgetcash, not financed by DSCR loan
$25,000
Contingency Reserve10% of rehab$2,500
=
Total Cash to Close
$108,512
Equity Position — Day 1 Post-Refi
Property Value
$288,000
−
DSCR Loan Balance
$230,400
=
Equity in Property
$57,600 (20.0%)
−
Capital Left in Deal
$108,512
=
Value Created
−$50,912
$57,600 equity on $108,512 deployed = 0.5× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,063
−
Property Taxes
$486
−
Insurance
$263
−
Maintenance (6% rent)
$124
−
Management (6% rent)
$124
=
OpEx Subtotal
$996
=
Net Operating Income
$1,067
−
DSCR P&I
$1,548/mo
=
Net Cash Flow
−$482/mo
DSCR Ratios
DSCR (NOI / Debt Service)
0.689x✗ Fail
Lender DSCR (EGI / P&I+tax+ins+HOA)
0.898x✗ Fail
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$2,610/mo+$547 needed
1.10x$2,786/mo+$723 needed
1.20x$2,962/mo+$899 needed
1.30x ←$3,138/mo+$1,075 needed
1.40x$3,314/mo+$1,251 needed