7047 Hobby Wind Ridge Dr, Houston, TX 77075
Houston, 77075
View on Zillow →
Listing Agent
Santos Gloria
(713) 429-9498santos.tgloria@gmail.com
MMX Group/7047 Hobby Wind Ridge Dr, Houston, TX 77075
Flip-153.1%✗
HM→DSCR0.662x✗
Cash→DSCR0.662x✗
New Deal

7047 Hobby Wind Ridge Dr, Houston, TX 77075

4bd / 2.5ba · 2,068 sqft · built 2020 · Single FamilyAnalyzed Jul 30, 2026
DSCR
0.621x
FAIL
NOI ÷ debt service
Lender DSCR
0.868x
FAIL
EGI ÷ P&I+tax+ins+HOA
Monthly Cash Flow
−$607/mo
FAIL
post all expenses · day 1
Cash to Close
$99,092
80% LTV · single close
Value Generated
$15,900
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
-153.1%
Flip ROI
Cash to First Close
$32,890
what you bring day 1
Net Profit
−$84,362
Max Bid @ 20%
$215,649
−$84,362 profit  ÷  $55,102 total invested  =  -153.1%
Acquisition Event — First Close
Hard Money Loan — 9.99% Interest-Only
Loan Amount
$298,950
Purchase (95% LTV)
$284,050
Rehab (100%)
$14,900
Loan-to-ARV
100.3%
Monthly Interest
$2,489/mo
Down Payment5% of $299,000 purchase
$14,950
+
Origination Fee1 pts on $298,950 loan
$2,990
+
Closing Costs5% of purchase
$14,950
=
Cash to First Close
$32,890
Holding Period — 6 Months
HML Interest9.99% IO · $2,489/mo × 6$14,933
Property Taxes$703/mo × 6$4,220
Insurance$262/mo × 6$1,570
Total Holding Costs$20,722
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
$298,950
−
Closing Costs3.5% of sale price
$10,430
−
Realtor Commission6% of sale price
$17,880
=
Net Proceeds to You
−$29,260
Deal Summary
Net Proceeds at Closing
−$29,260
−
Cash to First Close
$32,890
−
Holding Costs (6 mo)
$20,722
−
Contingency Reserve
$1,490
=
NET PROFIT
−$84,362
Max Bid by ROI Target
ROIMax Bidvs Offer
10%$219,337−$79,663
15%$217,480−$81,520
20% ←$215,649−$83,351
25%$213,844−$85,156
30%$212,064−$86,936
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
0.621x
DSCR
Cash to Close
$99,092
single close · no bridge
Monthly Cash Flow
−$607/mo
Cash-on-Cash Yr 1
-7.4%
Acquisition — Single Close
DSCR Purchase Loan — 7.1% / 30yr · Minimal Rehab · No Bridge
Loan Amount
$238,400
LTV (80% of ARV)
80.0%
Monthly P&I
$1,602/mo
Equity at Close
$59,600
Down Payment20.3% of $299,000 purchase
$60,600
+
Origination Fee1 pts on $238,400
$2,384
+
DSCR Closing Coststitle / appraisal / escrow
$4,768
+
Acquisition Closing5% of purchase
$14,950
+
Rehab Budgetcash, not financed by DSCR loan
$14,900
Contingency Reserve10% of rehab$1,490
=
Total Cash to Close
$99,092
Equity Position — Day 1 Post-Refi
Property Value
$298,000
−
DSCR Loan Balance
$238,400
=
Equity in Property
$59,600 (20.0%)
−
Capital Left in Deal
$99,092
=
Value Created
−$39,492
$59,600 equity on $99,092 deployed = 0.6× equity leverage
Monthly Income & Expenses — Post-DSCR
Gross Rent
$2,227
−
Property Taxes
$703
−
Insurance
$262
−
Maintenance (6% rent)
$134
−
Management (6% rent)
$134
=
OpEx Subtotal
$1,232
=
Net Operating Income
$995
−
DSCR P&I
$1,602/mo
=
Net Cash Flow
−$607/mo
DSCR Ratios
DSCR (NOI / Debt Service)
0.621x✗ Fail
Lender DSCR (EGI / P&I+tax+ins+HOA)
0.868x✗ Fail
Required Rent by DSCR Target
TargetRent Neededvs Current
1.00x$2,917/mo+$690 needed
1.10x$3,099/mo+$872 needed
1.20x$3,281/mo+$1,054 needed
1.30x ←$3,463/mo+$1,236 needed
1.40x$3,645/mo+$1,418 needed
7047 Hobby Wind Ridge Dr, Houston, TX 77075 — MX Analyzer