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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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$154,589

Cash Out Proceeds

$-8,605

Annual Net Cash Flow

$2,502

New Loan Payment

0.71

Debt Service Coverage

Refinance Cost
New Loan Amount
$366,810
Current Loan Payoff
$195,600
Loan Points
$7,336
Loan Closing Costs
$9,285
Total Refinance Cost
$212,221
Total Cash Out Proceeds
$154,589

Loan Terms
New Loan Amount
$366,810
Monthly Loan Payment
$2,502
Interest Rate
7.25%
Property Net Cash Flow
$21,422
Annual Loan Payment
$30,027
Debt Coverage Ratio
0.71

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,568
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)
$2,152
Misc.
Total Loan Closing
$9,285

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$4,426
Hazard Insurance
%
$2,152
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,078
Net Operating Income
$21,422
Annual Loan Payment
$30,027
Net Cash Flow After Debt Service
$-8,605
Debt Coverage Ratio
0.71
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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.