102041

Refinance Analyzer

Use the Refinance Analyzer below to estimate the potential profit and return on investment from your next deal. Edit the assumptions to adjust the calculation.

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$136,473

Cash Out Proceeds

$-4,436

Annual Net Cash Flow

$2,217

New Loan Payment

0.83

Debt Service Coverage

Refinance Cost
New Loan Amount
$325,020
Current Loan Payoff
$173,300
Loan Points
$6,500
Loan Closing Costs
$8,747
Total Refinance Cost
$188,547
Total Cash Out Proceeds
$136,473

Loan Terms
New Loan Amount
$325,020
Monthly Loan Payment
$2,217
Interest Rate
7.25%
Property Net Cash Flow
$22,171
Annual Loan Payment
$26,607
Debt Coverage Ratio
0.83

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,275
Title Search
Wire/Courier
Recording and Mortgage
Lender Underwriting Fee
Appraisal
Escrow/Settlement Fee
HOA Report/Estoppel/Unpaid Dues
Lender Processing
Prepaid Loan Reserve
(Months)
$0
Prepaid Insurance Premium
(Months)
$1,907
Misc.
Total Loan Closing
$8,747

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,922
Hazard Insurance
%
$1,907
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,329
Net Operating Income
$22,171
Annual Loan Payment
$26,607
Net Cash Flow After Debt Service
$-4,436
Debt Coverage Ratio
0.83
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Disclaimer: Information on estimated costs and profitability is provided for informational purposes and is deemed to be valid and reliable, but is not guaranteed. It is your sole responsibility to independently confirm and verify all information upon which you may rely or use.