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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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$128,704

Cash Out Proceeds

$-2,663

Annual Net Cash Flow

$2,096

New Loan Payment

0.89

Debt Service Coverage

Refinance Cost
New Loan Amount
$307,268
Current Loan Payoff
$163,900
Loan Points
$6,145
Loan Closing Costs
$8,519
Total Refinance Cost
$178,564
Total Cash Out Proceeds
$128,704

Loan Terms
New Loan Amount
$307,268
Monthly Loan Payment
$2,096
Interest Rate
7.25%
Property Net Cash Flow
$22,490
Annual Loan Payment
$25,153
Debt Coverage Ratio
0.89

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,151
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)
$1,803
Misc.
Total Loan Closing
$8,519

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,708
Hazard Insurance
%
$1,803
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,010
Net Operating Income
$22,490
Annual Loan Payment
$25,153
Net Cash Flow After Debt Service
$-2,663
Debt Coverage Ratio
0.89
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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.