DSCR Snapshot

309 Stratford St Unit 18 Houston, TX 77006

This is an estimate, not a loan approval.

Condo · 1 bd · 1 ba · 704 sq ft · built 1960 Address matched on the U.S. Census Bureau’s map Oct 13, 2026.

Updated Oct 13, 2026

This report is from Oct 13, 2026. Since then, the asking price, whether it’s still for sale, and rents nearby may have changed.

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At a glance

Your numbers: $246,810 price · 25% down · $1,370 a month rent · 7.915% rate · 8% vacancy · $10,000 renovation in cash Change the numbers

Rent coverage ()

0.57

The rent doesn’t cover the payment

Monthly cash flow

−$1,247

You’d add money each month

$79,107

25% down, closing costs and renovation

−18.91%

A year, on the cash you bring

A deal-breaker: a typical DSCR lender wouldn’t make this loan and the deal loses money each month. With your other settings, no price works on all three. See your maximum offer

Three scores, out of 100

Weak

Deal attractiveness

0/100

Your would be −18.9%. You’d lose money on the cash you put in, so it scores 0.

Negative cash flow at these numbers

A typical DSCR lender wouldn’t make this loan as it stands. See Loan health.

Misses a lender minimum

Loan health

0/100

A typical DSCR lender wouldn’t make this loan as it stands, because of rent that covers less than 0.75 times the payment, where most DSCR lenders stop.

Your price is 30% over the county’s value. A lender lends on the price or the appraisal, whichever is lower. If the appraisal comes in near the county’s value, you’d need about $43,200 more cash to keep 25% down.

Why this score

Rent coverage: 0.57× weak
Credit score: 720 strong
Down payment That’s 25% of your price, but only 2% of the county’s value.: 25% weak

Easier

Negotiation difficulty

3/100

Your price matches the asking price. A seller would likely agree to it.

For the rent to cover the payment 1.2 times, the price would need to be about $42,000, 83% under the asking price. That would be close to impossible to get.

Why this score

This seller may come down about 12%: listed 130 days, priced over the county’s value, the seller sounds open to offers. Working against you: the price went up last time.

How the seller describes it: it’s pitched to investors.

Data quality: Fair Before you rely on these numbers

Our take

At the starting numbers, this home is not a good fit for a DSCR loan. A typical DSCR lender wouldn’t make this loan and the deal loses money each month. The rent covers the monthly payment 0.57 times (DSCR 0.57), and you would put in $1,247 a month after vacancy and reserves.

For the rent to cover the payment 1.2 times, the price would need to be about $42,000, 83% under the asking price. That would be close to impossible to get. A rent of about $2,857 a month would cover the payment 1.2 times, above the likely range of $1,170 to $1,570. The seller's tax bill of $4,021 (2025) is lower than an investor's estimated $5,362 a year, because the taxable value resets toward the purchase price after a sale. Before making an offer, ask a local leasing agent what homes like this one have actually leased for.

Our standard verdict, from the report’s starting numbers.

At $41,797 the rent covers the loan on typical terms.

Get your maximum offer and the path that fits, in about a minute.

Your assumptions

The line: Works on all threeTrade-offsDeal-breaker Your setting Lender lines Shaded: a range named on the chart

Purchase price $246,810

Starts at the asking price. Now 30% over the county’s value.

Lenders lend on the lower of the price and the appraisal, so you may need about $43,200 more cash.
The rent doesn’t cover the payment at this price, so most DSCR lenders want 30% down.

Rent coverage (DSCR) at each price

At this rent, a price of about $41,797 gets the rent to cover the payment 1.2 times. Taxes would stay at the county’s value, which is higher.

Show as a table

Price	DSCR	Payment/mo	Cash flow/mo	Fit
$99,000	0.91	$1,491	−$356	Deal-breaker (deal attractiveness, loan health, negotiation difficulty)
$105,938	0.89	$1,525	−$390	Deal-breaker (deal attractiveness, negotiation difficulty)
$112,875	0.87	$1,564	−$429	Deal-breaker (deal attractiveness, negotiation difficulty)
$119,813	0.85	$1,603	−$468	Deal-breaker (deal attractiveness, negotiation difficulty)
$126,750	0.83	$1,641	−$507	Deal-breaker (deal attractiveness)
$133,688	0.81	$1,673	−$539	Deal-breaker (deal attractiveness)
$140,625	0.80	$1,712	−$578	Deal-breaker (deal attractiveness)
$147,563	0.78	$1,751	−$616	Deal-breaker (deal attractiveness)
$154,500	0.76	$1,789	−$655	Deal-breaker (deal attractiveness)
$161,438	0.74	$1,828	−$693	Deal-breaker (deal attractiveness, loan health)
$168,375	0.73	$1,858	−$723	Deal-breaker (deal attractiveness, loan health)
$175,313	0.72	$1,896	−$761	Deal-breaker (deal attractiveness, loan health)
$182,250	0.70	$1,934	−$800	Deal-breaker (deal attractiveness, loan health)
$189,188	0.69	$1,972	−$838	Deal-breaker (deal attractiveness, loan health)
$196,125	0.67	$2,023	−$889	Deal-breaker (deal attractiveness, loan health)
$203,063	0.66	$2,063	−$929	Deal-breaker (deal attractiveness, loan health)
$210,000	0.64	$2,114	−$979	Deal-breaker (deal attractiveness, loan health)
$216,938	0.63	$2,164	−$1,030	Deal-breaker (deal attractiveness, loan health)
$223,875	0.61	$2,215	−$1,080	Deal-breaker (deal attractiveness, loan health)
$230,813	0.60	$2,265	−$1,131	Deal-breaker (deal attractiveness, loan health)
$237,750	0.59	$2,315	−$1,181	Deal-breaker (deal attractiveness, loan health)
$244,688	0.57	$2,366	−$1,231	Deal-breaker (deal attractiveness, loan health)
$251,625	0.56	$2,416	−$1,282	Deal-breaker (deal attractiveness, loan health)
$258,563	0.55	$2,467	−$1,332	Deal-breaker (deal attractiveness, loan health)
$265,500	0.54	$2,517	−$1,383	Deal-breaker (deal attractiveness, loan health)
$272,438	0.53	$2,568	−$1,433	Deal-breaker (deal attractiveness, loan health)
$279,375	0.52	$2,618	−$1,484	Deal-breaker (deal attractiveness, loan health)
$286,313	0.51	$2,668	−$1,534	Deal-breaker (deal attractiveness, loan health)
$293,250	0.50	$2,719	−$1,584	Deal-breaker (deal attractiveness, loan health)
$300,188	0.49	$2,769	−$1,635	Deal-breaker (deal attractiveness, loan health)
$307,125	0.48	$2,820	−$1,685	Deal-breaker (deal attractiveness, loan health)
$314,063	0.47	$2,870	−$1,736	Deal-breaker (deal attractiveness, loan health)
$321,000	0.46	$2,921	−$1,786	Deal-breaker (deal attractiveness, loan health)

Down payment

25%

That’s $61,703 at this price.

At 30% down the loan moves to a lower rate tier, about 0.125% less.
Each extra 5% down adds about $12,300 to the cash you bring and $105 a month to cash flow.

Cash to close

Show as a table

Down payment	Cash to close	Cash flow/mo	DSCR	Fit
15%	$54,426	−$1,463	0.52	Deal-breaker (deal attractiveness, loan health)
16%	$56,894	−$1,445	0.53	Deal-breaker (deal attractiveness, loan health)
17%	$59,362	−$1,426	0.53	Deal-breaker (deal attractiveness, loan health)
18%	$61,830	−$1,408	0.53	Deal-breaker (deal attractiveness, loan health)
19%	$64,298	−$1,390	0.54	Deal-breaker (deal attractiveness, loan health)
20%	$66,766	−$1,371	0.54	Deal-breaker (deal attractiveness, loan health)
21%	$69,234	−$1,353	0.55	Deal-breaker (deal attractiveness, loan health)
22%	$71,703	−$1,334	0.55	Deal-breaker (deal attractiveness, loan health)
23%	$74,171	−$1,316	0.55	Deal-breaker (deal attractiveness, loan health)
24%	$76,639	−$1,298	0.56	Deal-breaker (deal attractiveness, loan health)
25%	$79,107	−$1,247	0.57	Deal-breaker (deal attractiveness, loan health)
26%	$81,575	−$1,229	0.57	Deal-breaker (deal attractiveness, loan health)
27%	$84,043	−$1,211	0.58	Deal-breaker (deal attractiveness, loan health)
28%	$86,511	−$1,193	0.58	Deal-breaker (deal attractiveness, loan health)
29%	$88,979	−$1,175	0.59	Deal-breaker (deal attractiveness, loan health)
30%	$91,447	−$1,142	0.60	Deal-breaker (deal attractiveness, loan health)
31%	$93,915	−$1,124	0.60	Deal-breaker (deal attractiveness, loan health)
32%	$96,384	−$1,107	0.61	Deal-breaker (deal attractiveness, loan health)
33%	$98,852	−$1,089	0.61	Deal-breaker (deal attractiveness, loan health)
34%	$101,320	−$1,071	0.62	Deal-breaker (deal attractiveness, loan health)
35%	$103,788	−$1,039	0.63	Deal-breaker (deal attractiveness, loan health)
36%	$106,256	−$1,022	0.63	Deal-breaker (deal attractiveness, loan health)
37%	$108,724	−$1,004	0.64	Deal-breaker (deal attractiveness, loan health)
38%	$111,192	−$987	0.64	Deal-breaker (deal attractiveness, loan health)
39%	$113,660	−$969	0.65	Deal-breaker (deal attractiveness, loan health)
40%	$116,128	−$962	0.65	Deal-breaker (deal attractiveness, loan health)
41%	$118,596	−$944	0.65	Deal-breaker (deal attractiveness, loan health)
42%	$121,065	−$927	0.66	Deal-breaker (deal attractiveness, loan health)
43%	$123,533	−$909	0.67	Deal-breaker (deal attractiveness, loan health)
44%	$126,001	−$891	0.67	Deal-breaker (deal attractiveness, loan health)
45%	$128,469	−$873	0.68	Deal-breaker (deal attractiveness, loan health)
46%	$130,937	−$856	0.68	Deal-breaker (deal attractiveness, loan health)
47%	$133,405	−$838	0.69	Deal-breaker (deal attractiveness, loan health)
48%	$135,873	−$820	0.70	Deal-breaker (deal attractiveness, loan health)
49%	$138,341	−$803	0.70	Deal-breaker (deal attractiveness, loan health)
50%	$140,809	−$793	0.71	Deal-breaker (deal attractiveness, loan health)

Monthly cash flow

Show as a table

Down payment	Cash to close	Cash flow/mo	DSCR	Fit
15%	$54,426	−$1,463	0.52	Deal-breaker (deal attractiveness, loan health)
16%	$56,894	−$1,445	0.53	Deal-breaker (deal attractiveness, loan health)
17%	$59,362	−$1,426	0.53	Deal-breaker (deal attractiveness, loan health)
18%	$61,830	−$1,408	0.53	Deal-breaker (deal attractiveness, loan health)
19%	$64,298	−$1,390	0.54	Deal-breaker (deal attractiveness, loan health)
20%	$66,766	−$1,371	0.54	Deal-breaker (deal attractiveness, loan health)
21%	$69,234	−$1,353	0.55	Deal-breaker (deal attractiveness, loan health)
22%	$71,703	−$1,334	0.55	Deal-breaker (deal attractiveness, loan health)
23%	$74,171	−$1,316	0.55	Deal-breaker (deal attractiveness, loan health)
24%	$76,639	−$1,298	0.56	Deal-breaker (deal attractiveness, loan health)
25%	$79,107	−$1,247	0.57	Deal-breaker (deal attractiveness, loan health)
26%	$81,575	−$1,229	0.57	Deal-breaker (deal attractiveness, loan health)
27%	$84,043	−$1,211	0.58	Deal-breaker (deal attractiveness, loan health)
28%	$86,511	−$1,193	0.58	Deal-breaker (deal attractiveness, loan health)
29%	$88,979	−$1,175	0.59	Deal-breaker (deal attractiveness, loan health)
30%	$91,447	−$1,142	0.60	Deal-breaker (deal attractiveness, loan health)
31%	$93,915	−$1,124	0.60	Deal-breaker (deal attractiveness, loan health)
32%	$96,384	−$1,107	0.61	Deal-breaker (deal attractiveness, loan health)
33%	$98,852	−$1,089	0.61	Deal-breaker (deal attractiveness, loan health)
34%	$101,320	−$1,071	0.62	Deal-breaker (deal attractiveness, loan health)
35%	$103,788	−$1,039	0.63	Deal-breaker (deal attractiveness, loan health)
36%	$106,256	−$1,022	0.63	Deal-breaker (deal attractiveness, loan health)
37%	$108,724	−$1,004	0.64	Deal-breaker (deal attractiveness, loan health)
38%	$111,192	−$987	0.64	Deal-breaker (deal attractiveness, loan health)
39%	$113,660	−$969	0.65	Deal-breaker (deal attractiveness, loan health)
40%	$116,128	−$962	0.65	Deal-breaker (deal attractiveness, loan health)
41%	$118,596	−$944	0.65	Deal-breaker (deal attractiveness, loan health)
42%	$121,065	−$927	0.66	Deal-breaker (deal attractiveness, loan health)
43%	$123,533	−$909	0.67	Deal-breaker (deal attractiveness, loan health)
44%	$126,001	−$891	0.67	Deal-breaker (deal attractiveness, loan health)
45%	$128,469	−$873	0.68	Deal-breaker (deal attractiveness, loan health)
46%	$130,937	−$856	0.68	Deal-breaker (deal attractiveness, loan health)
47%	$133,405	−$838	0.69	Deal-breaker (deal attractiveness, loan health)
48%	$135,873	−$820	0.70	Deal-breaker (deal attractiveness, loan health)
49%	$138,341	−$803	0.70	Deal-breaker (deal attractiveness, loan health)
50%	$140,809	−$793	0.71	Deal-breaker (deal attractiveness, loan health)

Credit score 720

At 740, the estimated rate drops about 0.05%.

Estimated rate by credit score

Show as a table

Credit score	Estimated rate	Loan payment/mo	DSCR	Fit
620	8.31%	$1,399	0.56	Deal-breaker (deal attractiveness, loan health)
630	8.31%	$1,399	0.56	Deal-breaker (deal attractiveness, loan health)
640	8.31%	$1,399	0.56	Deal-breaker (deal attractiveness, loan health)
650	8.31%	$1,399	0.56	Deal-breaker (deal attractiveness, loan health)
660	8.31%	$1,399	0.56	Deal-breaker (deal attractiveness, loan health)
670	8.31%	$1,399	0.56	Deal-breaker (deal attractiveness, loan health)
680	8.06%	$1,367	0.57	Deal-breaker (deal attractiveness, loan health)
690	8.06%	$1,367	0.57	Deal-breaker (deal attractiveness, loan health)
700	7.96%	$1,354	0.57	Deal-breaker (deal attractiveness, loan health)
710	7.96%	$1,354	0.57	Deal-breaker (deal attractiveness, loan health)
720	7.92%	$1,347	0.57	Deal-breaker (deal attractiveness, loan health)
730	7.92%	$1,347	0.57	Deal-breaker (deal attractiveness, loan health)
740	7.87%	$1,341	0.57	Deal-breaker (deal attractiveness, loan health)
750	7.87%	$1,341	0.57	Deal-breaker (deal attractiveness, loan health)
760	7.81%	$1,334	0.57	Deal-breaker (deal attractiveness, loan health)
770	7.81%	$1,334	0.57	Deal-breaker (deal attractiveness, loan health)
780	7.81%	$1,334	0.57	Deal-breaker (deal attractiveness, loan health)
790	7.81%	$1,334	0.57	Deal-breaker (deal attractiveness, loan health)
800	7.81%	$1,334	0.57	Deal-breaker (deal attractiveness, loan health)
810	7.81%	$1,334	0.57	Deal-breaker (deal attractiveness, loan health)
820	7.81%	$1,334	0.57	Deal-breaker (deal attractiveness, loan health)

Set my own rate

Interest rate 7.915%

Our estimate: 7.915%.

Our estimate adds 0.875% because the rent covers the payment less than 1.25 times.

Monthly cash flow at each rate

Show as a table

Rate	Loan payment/mo	DSCR	Cash flow/mo	Fit
5.00%	$994	0.67	−$893	Deal-breaker (deal attractiveness, loan health)
5.25%	$1,022	0.66	−$922	Deal-breaker (deal attractiveness, loan health)
5.50%	$1,051	0.65	−$951	Deal-breaker (deal attractiveness, loan health)
5.75%	$1,080	0.64	−$980	Deal-breaker (deal attractiveness, loan health)
6.00%	$1,110	0.63	−$1,009	Deal-breaker (deal attractiveness, loan health)
6.25%	$1,140	0.63	−$1,039	Deal-breaker (deal attractiveness, loan health)
6.50%	$1,170	0.62	−$1,070	Deal-breaker (deal attractiveness, loan health)
6.75%	$1,201	0.61	−$1,100	Deal-breaker (deal attractiveness, loan health)
7.00%	$1,232	0.60	−$1,131	Deal-breaker (deal attractiveness, loan health)
7.25%	$1,263	0.59	−$1,162	Deal-breaker (deal attractiveness, loan health)
7.50%	$1,294	0.58	−$1,194	Deal-breaker (deal attractiveness, loan health)
7.75%	$1,326	0.58	−$1,226	Deal-breaker (deal attractiveness, loan health)
8.00%	$1,358	0.57	−$1,258	Deal-breaker (deal attractiveness, loan health)
8.25%	$1,391	0.56	−$1,290	Deal-breaker (deal attractiveness, loan health)
8.50%	$1,423	0.55	−$1,323	Deal-breaker (deal attractiveness, loan health)
8.75%	$1,456	0.55	−$1,356	Deal-breaker (deal attractiveness, loan health)
9.00%	$1,489	0.54	−$1,389	Deal-breaker (deal attractiveness, loan health)
9.25%	$1,523	0.53	−$1,422	Deal-breaker (deal attractiveness, loan health)
9.50%	$1,556	0.52	−$1,456	Deal-breaker (deal attractiveness, loan health)
9.75%	$1,590	0.52	−$1,490	Deal-breaker (deal attractiveness, loan health)
10.00%	$1,624	0.51	−$1,524	Deal-breaker (deal attractiveness, loan health)
10.25%	$1,659	0.50	−$1,558	Deal-breaker (deal attractiveness, loan health)
10.50%	$1,693	0.50	−$1,593	Deal-breaker (deal attractiveness, loan health)
10.75%	$1,728	0.49	−$1,628	Deal-breaker (deal attractiveness, loan health)
11.00%	$1,763	0.48	−$1,662	Deal-breaker (deal attractiveness, loan health)
11.25%	$1,798	0.48	−$1,697	Deal-breaker (deal attractiveness, loan health)
11.50%	$1,833	0.47	−$1,733	Deal-breaker (deal attractiveness, loan health)
11.75%	$1,868	0.47	−$1,768	Deal-breaker (deal attractiveness, loan health)
12.00%	$1,904	0.46	−$1,804	Deal-breaker (deal attractiveness, loan health)

Monthly rent $1,370

Starts at RentCast’s estimate from nearby rentals.

Inside the likely range of $1,170 to $1,570.

Monthly cash flow at each rent

At this price, a rent of about $2,857 would reach DSCR 1.2.

Show as a table

Rent	DSCR	Cash flow/mo	Cash-on-cash	Fit
$950	0.39	−$1,595	−24.19%	Deal-breaker (deal attractiveness, loan health)
$1,010	0.42	−$1,545	−23.44%	Deal-breaker (deal attractiveness, loan health)
$1,069	0.44	−$1,496	−22.69%	Deal-breaker (deal attractiveness, loan health)
$1,129	0.47	−$1,447	−21.94%	Deal-breaker (deal attractiveness, loan health)
$1,188	0.49	−$1,397	−21.19%	Deal-breaker (deal attractiveness, loan health)
$1,248	0.52	−$1,348	−20.45%	Deal-breaker (deal attractiveness, loan health)
$1,308	0.54	−$1,298	−19.7%	Deal-breaker (deal attractiveness, loan health)
$1,367	0.57	−$1,249	−18.95%	Deal-breaker (deal attractiveness, loan health)
$1,427	0.59	−$1,200	−18.2%	Deal-breaker (deal attractiveness, loan health)
$1,486	0.62	−$1,150	−17.45%	Deal-breaker (deal attractiveness, loan health)
$1,546	0.64	−$1,101	−16.7%	Deal-breaker (deal attractiveness, loan health)
$1,606	0.67	−$1,052	−15.95%	Deal-breaker (deal attractiveness, loan health)
$1,665	0.69	−$1,002	−15.21%	Deal-breaker (deal attractiveness, loan health)
$1,725	0.72	−$953	−14.46%	Deal-breaker (deal attractiveness, loan health)
$1,785	0.74	−$904	−13.71%	Deal-breaker (deal attractiveness, loan health)
$1,844	0.77	−$854	−12.96%	Deal-breaker (deal attractiveness)
$1,904	0.79	−$805	−12.21%	Deal-breaker (deal attractiveness)
$1,963	0.82	−$756	−11.46%	Deal-breaker (deal attractiveness)
$2,023	0.84	−$706	−10.71%	Deal-breaker (deal attractiveness)
$2,083	0.87	−$657	−9.96%	Deal-breaker (deal attractiveness)
$2,142	0.89	−$608	−9.22%	Deal-breaker (deal attractiveness)
$2,202	0.92	−$558	−8.47%	Deal-breaker (deal attractiveness)
$2,261	0.94	−$509	−7.72%	Deal-breaker (deal attractiveness)
$2,321	1.00	−$396	−6%	Deal-breaker (deal attractiveness)
$2,381	1.02	−$346	−5.25%	Deal-breaker (deal attractiveness)
$2,440	1.05	−$297	−4.5%	Deal-breaker (deal attractiveness)
$2,500	1.07	−$248	−3.76%	Deal-breaker (deal attractiveness)
$2,559	1.11	−$167	−2.53%	Deal-breaker (deal attractiveness)
$2,619	1.14	−$117	−1.78%	Deal-breaker (deal attractiveness)
$2,679	1.17	−$68	−1.03%	Deal-breaker (deal attractiveness)
$2,738	1.19	−$19	−0.28%	Deal-breaker (deal attractiveness)
$2,798	1.22	$31	0.46%	Trade-offs (deal attractiveness)
$2,857	1.25	$96	1.45%	Trade-offs (deal attractiveness)

Vacancy 8%

That’s about 1 month empty a year, or $1,300 of rent you don’t collect.

Monthly cash flow at each vacancy rate

Each point of vacancy is about $164 a year of rent you don’t collect.

Show as a table

Vacancy	Rent collected/mo	Cash flow/mo	Fit
0%	$1,370	−$1,148	Deal-breaker (deal attractiveness, loan health)
1%	$1,356	−$1,161	Deal-breaker (deal attractiveness, loan health)
2%	$1,343	−$1,173	Deal-breaker (deal attractiveness, loan health)
3%	$1,329	−$1,185	Deal-breaker (deal attractiveness, loan health)
4%	$1,315	−$1,198	Deal-breaker (deal attractiveness, loan health)
5%	$1,302	−$1,210	Deal-breaker (deal attractiveness, loan health)
6%	$1,288	−$1,222	Deal-breaker (deal attractiveness, loan health)
7%	$1,274	−$1,235	Deal-breaker (deal attractiveness, loan health)
8%	$1,260	−$1,247	Deal-breaker (deal attractiveness, loan health)
9%	$1,247	−$1,259	Deal-breaker (deal attractiveness, loan health)
10%	$1,233	−$1,272	Deal-breaker (deal attractiveness, loan health)
11%	$1,219	−$1,284	Deal-breaker (deal attractiveness, loan health)
12%	$1,206	−$1,296	Deal-breaker (deal attractiveness, loan health)
13%	$1,192	−$1,309	Deal-breaker (deal attractiveness, loan health)
14%	$1,178	−$1,321	Deal-breaker (deal attractiveness, loan health)
15%	$1,165	−$1,333	Deal-breaker (deal attractiveness, loan health)
16%	$1,151	−$1,346	Deal-breaker (deal attractiveness, loan health)
17%	$1,137	−$1,358	Deal-breaker (deal attractiveness, loan health)
18%	$1,123	−$1,370	Deal-breaker (deal attractiveness, loan health)
19%	$1,110	−$1,383	Deal-breaker (deal attractiveness, loan health)
20%	$1,096	−$1,395	Deal-breaker (deal attractiveness, loan health)
21%	$1,082	−$1,407	Deal-breaker (deal attractiveness, loan health)
22%	$1,069	−$1,419	Deal-breaker (deal attractiveness, loan health)
23%	$1,055	−$1,432	Deal-breaker (deal attractiveness, loan health)
24%	$1,041	−$1,444	Deal-breaker (deal attractiveness, loan health)
25%	$1,028	−$1,456	Deal-breaker (deal attractiveness, loan health)

More assumptions: management, set-asides and renovation

Property management

That’s about $0 a month.

You’d manage it yourself. A manager would cost about $101 to $151 a month here.

Repairs reserve

That’s about $63 a month.

Big replacements reserve

That’s about $63 a month.

Where each month’s rent goes

Set aside: empty months, repairs
Loan payment, taxes, insurance and HOA
Shortfall you’d add

The payment and set-asides add up to more than the rent, so you’d add about $1,247 a month.

Show as a table

Line	Per month	Share of rent
Empty months (vacancy)	$110	8%
Repairs and big replacements	$126	9%
Loan payment, taxes, insurance and HOA	$2,381	174%
Shortfall you’d add	−$1,247	-91%

Renovation budget $10,000

How you’ll pay for it

Pay it from my cashAdd it to the loan

It’s part of your cash to close.

That adds $10,000 to your cash to close.

Cash-on-cash return at each renovation budget

Paid from your cash, so a bigger budget means more cash to close for the same rent, and a lower return.

Show as a table

Renovation	Cash to close	Cash flow/mo	Cash-on-cash	DSCR	Fit
$0	$69,107	−$1,247	−21.65%	0.57	Deal-breaker (deal attractiveness, loan health)
$5,000	$74,107	−$1,247	−20.19%	0.57	Deal-breaker (deal attractiveness, loan health)
$10,000	$79,107	−$1,247	−18.91%	0.57	Deal-breaker (deal attractiveness, loan health)
$15,000	$84,107	−$1,247	−17.79%	0.57	Deal-breaker (deal attractiveness, loan health)
$20,000	$89,107	−$1,247	−16.79%	0.57	Deal-breaker (deal attractiveness, loan health)
$25,000	$94,107	−$1,247	−15.9%	0.57	Deal-breaker (deal attractiveness, loan health)
$30,000	$99,107	−$1,247	−15.1%	0.57	Deal-breaker (deal attractiveness, loan health)
$35,000	$104,107	−$1,247	−14.37%	0.57	Deal-breaker (deal attractiveness, loan health)
$40,000	$109,107	−$1,247	−13.71%	0.57	Deal-breaker (deal attractiveness, loan health)
$45,000	$114,107	−$1,247	−13.11%	0.57	Deal-breaker (deal attractiveness, loan health)
$50,000	$119,107	−$1,247	−12.56%	0.57	Deal-breaker (deal attractiveness, loan health)
$55,000	$124,107	−$1,247	−12.06%	0.57	Deal-breaker (deal attractiveness, loan health)
$60,000	$129,107	−$1,247	−11.59%	0.57	Deal-breaker (deal attractiveness, loan health)
$65,000	$134,107	−$1,247	−11.16%	0.57	Deal-breaker (deal attractiveness, loan health)
$70,000	$139,107	−$1,247	−10.76%	0.57	Deal-breaker (deal attractiveness, loan health)
$75,000	$144,107	−$1,247	−10.38%	0.57	Deal-breaker (deal attractiveness, loan health)
$80,000	$149,107	−$1,247	−10.03%	0.57	Deal-breaker (deal attractiveness, loan health)
$85,000	$154,107	−$1,247	−9.71%	0.57	Deal-breaker (deal attractiveness, loan health)
$90,000	$159,107	−$1,247	−9.4%	0.57	Deal-breaker (deal attractiveness, loan health)
$95,000	$164,107	−$1,247	−9.12%	0.57	Deal-breaker (deal attractiveness, loan health)
$100,000	$169,107	−$1,247	−8.85%	0.57	Deal-breaker (deal attractiveness, loan health)

Does the rent cover the loan?

At the asking price of $246,810 with 25% down, the rent of $1,370 a month covers the monthly payment 0.57 times. The rent doesn’t cover the monthly payment. Most lenders would want a lower price or more money down.

0.601.001.201.40

Monthly payment () at these numbers
What it pays for	Where the number comes from	Per month
Loan payment	$185,108 loan at 7.915% over 30 years, at our estimated rate.	$1,347
Property taxes	Your tax rate as an investor on $246,810, with no exemptions. See the tax details below.	$447
Insurance	Our middle estimate. See the insurance details below.	$101
HOA dues	From the home’s details.	$486
Total (PITIA)		$2,381

How the estimated rate is built

DSCR lenders price a loan from a starting rate plus add-ons. These come from published lender pricing as of Oct 8, 2026. A real lender’s quote will differ.

Starting rate	6.690%
Credit score 720–739	+0.100%
Loan of 75% of the price or less	+0.250%
Loan size $150k+	+0.000%
Condo add-on	+0.000%
Rent coverage 0.75–0.99	+0.875%
Estimated rate	7.915%

Where these rates come from

Starting rate and DSCR/LTV add-ons from a 12-lender DSCR panel sheet (dscrcapitalpartners.com, week of 2026-09-21); credit-score and loan-size add-ons from OfferMarket’s published DSCR pricing (offermarket.us); cross-checked against OfferMarket’s DSCR rate index and DSCR Authority’s rate tables (2026-10-01). Read 2026-10-08.

What it would take to reach 1.2

A price of about $41,797 at this rent (taxes stay at the county’s value, which is higher than that price), or a rent of about $2,857 a month at this price.

Most good DSCR deals are bought below the estimated value. Use this as the price to aim for when you make an offer. At about $33,209, it would reach 1.25.

Show me the math

Loan: price × (1 − down payment) = $246,810 × (1 − 25%) = $185,108, a of 75%
Loan payment (principal and interest): $185,108 at 7.915%, paid off evenly over 30 years = $1,347 a month
Full monthly payment (PITIA): $1,347 + taxes $447 + insurance $101 + HOA $486 = $2,381
DSCR: rent ÷ payment = $1,370 ÷ $2,381 = 0.57 (the full rent, nothing off for empty months, as lenders count it)
Rent you actually collect: rent × (1 − vacancy) = $1,370 × (1 − 8%) = $1,260
Set aside each month: $1,260 × (0% management + 5% repairs + 5% big replacements) = $126
Monthly cash flow: $1,260 − $126 − $2,381 = −$1,247
Cash to close: down payment $61,703 + closing costs 3% ($7,404) + renovation $10,000 = $79,107
Cash-on-cash return: 12 × −$1,247 ÷ $79,107 = −18.91% a year

Local details behind the numbers

Your property taxes as an investor

About $5,362 a year ($447 a month) on a taxable value of $246,810 (the asking price)

2.17% a year ($2.1726 per $100, 2026 rates, with some districts still on last year’s rate)

See the tax details

Texas writes tax rates of value. This is what you’d pay as a landlord once the county reassesses the home: your price or the county’s market value, whichever is higher, times every tax rate on this home. There are no exemptions, because they don’t transfer to an investor. Lenders figure taxes the same way.

The seller’s bill vs. yours

Last year’s value ($189,200) times this home’s rates comes to about $4,021, before any exemptions, so their real bill is lower. You’d pay about $5,362, which is $1,341 more.

Why yours is likely higher:

After a sale, the county moves the value toward the price you paid.

The and its stay with the seller.

Every local government that taxes this home
Taxing district	Kind	Rate per $100	Per year
HOUSTON ISD	School district	0.8783 (2025)	$2,168
HARRIS COUNTY	County	0.4175 (2026)	$1,030
HARRIS CO FLOOD CNTRL	Flood control	0.0527 (2026)	$130
PORT OF HOUSTON AUTHY	Port authority	0.0060 (2026)	$15
HARRIS CO HOSP DIST	Hospital district	0.1953 (2026)	$482
HARRIS CO EDUC DEPT	County education department	0.0048 (2025)	$12
HOUSTON CITY COLLEGE	Community college	0.0988 (2026)	$244
CITY OF HOUSTON	City	0.5192 (2025)	$1,281
Total		2.1726	$5,362

Each line is a separate local government with its own rate. Rates are set every fall, and each line shows its latest adopted rate. Your payment depends only on the total.

Words to know: · · · · ·

Harris County appraisal district account 1141730020007 (309 STRATFORD # 18, HOUSTON, 77006), from Harris County’s Truth-in-Taxation record, read Oct 13, 2026. Exemptions on record: none. This is our estimate. Check it against the seller’s tax statement.

What it could rent for

About $1,370/month likely $1,170 to $1,570

Fair A good starting point. Check it against a recent lease nearby. Why: the likely range is wide.

See what this rent is based on

These are : RentCast’s estimate for a long-term lease, built from 15 similar rentals nearby. The range is where the rent should land 85% of the time. Rents in Greater Houston have been flat, so plan around the middle or lower part of the range until a real lease says otherwise.

Each dot is a nearby rental that RentCast compared with this home. Point at a dot for details, or see the table below. The shaded band is where the rent should land 85% of the time.

The rentals it compared

15 homes, usually 0.3 miles away, renting for $975 to $1,775 (the middle one: $1,400). 9 of them were on the market in the last 90 days.

They rent for about $1.99 per square foot. At this home’s size, that’s about $1,400/month.

How long nearby rentals took to lease

About 29 days (the middle of the rentals that left the market). 7 of the 15 are still listed.

Every week a rental sits empty is a week without rent. The report’s vacancy setting (8% of the year) covers time like this between tenants. We left out 2 listings that have been up for months, which is usually an apartment complex’s standing ad.

Rent compared with the price

The rent is 0.56% of the price each month, so the price is about 15 years of rent.

A quick check some investors use is the “1% rule”: monthly rent of at least 1% of the price. It’s a rule of thumb. Lenders don’t use it; the DSCR, taxes and insurance decide whether a deal works.

What the estimate is based on

Single Family · 1 beds · 1 baths · 704 sq ft, from the home’s details.

Last sale on record

Jan 5, 2021 for $171,000

From public records. What the seller paid can help when you negotiate.

How lenders count rent: A DSCR lender counts the lower of your signed lease and the appraiser’s rent estimate. An estimate here doesn’t replace either, so confirm it with a local leasing agent before you make an offer. The appraiser’s estimate is the .

See the 15 rentals RentCast compared

Most similar first
Rental	Beds / baths	Sq ft	Rent	Per sq ft	Distance	On the market
702-1/2 Avondale St	1 / 1	865	$1,700	$1.97	0.2 mi	Left after 23 days · seen Jul 12, 2026
406 Willard St	1 / 1	520	$1,400	$2.69	0.3 mi	Left after 32 days · seen Mar 3, 2026
518 Hawthorne St, Unit 2	2 / 1	834	$1,775	$2.13	0.3 mi	Left after 28 days · seen Jul 15, 2026
309 Stratford St, Apt 20 (Condo)	1 / 1	704	$1,400	$1.99	0 mi	Left after 79 days · seen Jan 27, 2026
309 Stratford St, Apt 18 (Condo)	1 / 1	706	$1,450	$2.05	0 mi	Left after 30 days · seen Feb 7, 2026
205 Avondale St, Apt 5 (Apartment)	1 / 1	700	$1,100	$1.57	0.1 mi	Still listed after 13 days · seen Oct 12, 2026
415 Fairview Ave, Apt 1 (Apartment)	1 / 1	695	$1,500	$2.16	0.1 mi	Still listed after 33 days · seen Oct 12, 2026
2010 Taft St, Apt 4 (Multi-Family)	1 / 1	700	$975	$1.39	0.3 mi	Still listed after 32 days · seen Oct 12, 2026
2010 Taft St, Apt 1 (Multi-Family)	1 / 1	700	$1,025	$1.46	0.3 mi	Left after 75 days · seen Apr 14, 2026
306 Stratford St (Apartment)	1 / 1	675	$1,310	$1.94	0 mi	Still listed after 288 days · seen Oct 13, 2026
2703 Mason St, Unit 1BD (Apartment)	1 / 1	675	$1,350	$2.00	0.1 mi	Still listed after 379 days · seen Oct 13, 2026
306 Hawthorne St (Apartment)	1 / 1	675	$1,400	$2.07	0.3 mi	Still listed after 123 days · seen Oct 13, 2026
2701 Helena St, Apt 402 (Condo)	1 / 1	735	$1,350	$1.84	0.3 mi	Left after 8 days · seen Aug 21, 2026
2701 Helena St, Apt 205 (Condo)	1 / 1	735	$1,330	$1.81	0.3 mi	Left after 5 days · seen Aug 18, 2026
306 Hawthorne St, Apt 6 (Multi-Family)	1 / 1	675	$1,400	$2.07	0.3 mi	Still listed after 58 days · seen Oct 13, 2026

RentCast’s rent estimate, read Oct 13, 2026.

Insurance you’ll need as a landlord

About $910 to $1,516 a year

$101 a month goes into the payment estimate.

See the flood zone and coastal wind

Lenders want a with . We priced it from the Texas Department of Insurance’s 2025 county averages, sized to this home (704 sq ft). Prices vary a lot by ZIP code, roof age and claims history, so this is a range. Get real quotes before you buy.

What’s in the estimate
Policy	Per year	How we estimated it
Home	$1,213	704 sq ft × $175 a sq ft to rebuild = $123,200 of coverage. We priced it at the 2025 rate for Harris County, $8.95 per $1,000, plus extra for a landlord policy.
Flood (optional)	$1,316	Not in the payment estimate, shown so you can budget for it. The typical price of a new federal flood policy, for this ZIP code, as of Aug 31, 2023.
In the payment	$1,213	Range $910 to $1,516

Zone X (area of minimal flood hazard) is low risk on FEMA’s map. Flood insurance is optional, but many Greater Houston homes that flooded in Hurricane Harvey were outside the high-risk zones, so many landlords buy it anyway.

The zone comes from FEMA’s current flood map. FEMA’s draft maps for Harris County put more homes in the high-risk zone, so a home near a bayou may change zones. If the seller has a federal flood policy, ask to take it over at closing. It can keep a lower price. Most flood policies come from the .

No. Wind and hail are part of the regular policy here (in Harris County only La Porte, Morgan’s Point, Pasadena, Seabrook and Shoreacres, east of Highway 146, are in TWIA’s area).

: Policies here charge a percent of the home’s coverage for wind and hail claims: 2% is standard, about $2,464 on this home, and 3% to 5% nearer the coast. That’s what you’d pay first after a hailstorm, so keep it in your savings.

These are a model’s estimates. Rates: Texas Department of Insurance county averages for 2025. Flood prices: FEMA’s federal flood program, as of Aug 31, 2023. Flood zone: FEMA’s flood map, read Oct 13, 2026. Get a real landlord policy quote before you make an offer.

What it’s worth

Asking price: $246,810
: Not available
: $189,200 for 2026

We couldn’t find a value estimate for this home. Look at recent sales nearby, or ask an agent for a price opinion.
From the Harris Central Appraisal District. It’s the value the county taxes on. It’s set mostly from last year’s sales, so it trails the market.

See more about this value

The numbers on this page start from the asking price ($246,810). You can change it under “Your assumptions”.
Texas doesn’t make sale prices public, so every value estimate here is rougher than in most states. Treat it as a range.

The home

For sale at $246,810.

See the home’s details

Property type: Condo
Bedrooms / bathrooms: 1 / 1
Living area: 704 sq ft
Lot: 11,969 sq ft
Year built: 1960
: $486/month
Days on the market: 130
Latest price change: Raised by $52,310 on Sep 8, 2026

Homes that sit longer often leave more room to negotiate on price.

Home details read Oct 13, 2026. They can be out of date or wrong, so confirm them with the agent or seller.

Before you rely on these numbers

For every report

Every number here is an estimate. Before you make an offer, get a lender’s quote, an insurance quote, and a recent lease nearby to check the rent.
Property taxes reset after a purchase. The seller’s exemptions and caps don’t transfer, and the taxable value moves toward your price.
Get a real landlord insurance quote. Prices vary a lot by ZIP code, roof age and flood zone.
Check the rent against a recent lease nearby. Lenders use the lower of your signed lease and the appraiser’s rent estimate.
Texas doesn’t make sale prices public, so every home value estimate here is rough. Ask an agent for recent sales nearby before you make an offer.

Talk it through before you make an offer.

Get My Free Quote Book Intro Call

An instant DSCR loan quote from OfferMarket, one of the lenders we work with. There’s no credit check, and our link takes $250 off your closing costs.

The intro call takes 20 minutes, with nothing to prepare. Within 24 hours we send you a personalized rental roadmap (opens in a new tab).

New to this? Start with the Greater Houston DSCR Loan Guide (opens in a new tab).

If you close a loan with OfferMarket using our link, you’ll receive a $250 closing cost credit and DSCR Labs will receive $250. The credit is for new OfferMarket clients whose first loan funds. You’re never required to use a lender we recommend, and we encourage you to compare offers.

Report ehmjys7xpw · created Oct 13, 2026

About this report

We made this report automatically from county tax records, FEMA flood maps, Texas insurance data and nearby rentals. We check the summary against the numbers. It’s an estimate, not an appraisal or a loan approval.

How we make these reports

Is something wrong, or do you want this page taken down? Email us.

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At a glance

Three scores, out of 100

Deal attractiveness

Loan health

Negotiation difficulty

Our take

Your assumptions

Does the rent cover the loan?

What it would take to reach 1.2

Local details behind the numbers

Your property taxes as an investor

The seller’s bill vs. yours

What it could rent for

The rentals it compared

How long nearby rentals took to lease

Rent compared with the price

What the estimate is based on

Last sale on record

Insurance you’ll need as a landlord

Flood zone

Coastal wind area (TWIA)

What it’s worth

The home

Before you rely on these numbers

For every report

Talk it through before you make an offer.

About this report

More Greater Houston reports