Good question.
It really depends on how low. If it is low to the point where I am not going to make it to low key, I am going to land straight ahead somewhere. If it is my home field I am putting on the train tracks which run parallel to the runway and right next to it, KWHP while praying for no train. It is very much a part of my process to work the trim and flaps at the same time after I put the gear down. I image in this situation I will not be putting the gear down, I have always planned on belly up for this scenario. The sudden loss of power is going to demand a pitch change so I am sure I will be doing that instinctively. Will I be running the flaps down at the same time, who knows. Perhaps if I remember to. It is likely because that is what I always do
when I get ready to land, run the flaps and trim at the same time while looking out the left window at my flap position. I also make trim changes in flight all the time like when I level off. I am not running the flaps then so who knows. I might forget and end up landing fast. With the heart pumping and the stress it is hard to say for certain what would happen. I do know this, there is a certain small chance that I wouldn't have time to or would forget to put the flaps down for landing in this situation. I also know that there is a certain small chance that I take off and departure gives me some instruction that requires me to look at my map, I am stillchoosing the I don't want departure to distract me and cause me to fixate at the wrong time causing my plane to be pointed nose up at 1000 agl because they distracted me while I was cleaning my flaps up. Ohh, I have been distracted this way in the past while taking off. It is hard to always ignore the
controllers. They tend to switch things on you right when you check in with them sometimes requiring you to write things down.
Matt