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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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$133,412

Cash Out Proceeds

$-8,237

Annual Net Cash Flow

$2,170

New Loan Payment

0.68

Debt Service Coverage

Refinance Cost
New Loan Amount
$318,030
Current Loan Payoff
$169,600
Loan Points
$6,361
Loan Closing Costs
$8,657
Total Refinance Cost
$184,618
Total Cash Out Proceeds
$133,412

Loan Terms
New Loan Amount
$318,030
Monthly Loan Payment
$2,170
Interest Rate
7.25%
Property Net Cash Flow
$17,797
Annual Loan Payment
$26,034
Debt Coverage Ratio
0.68

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,226
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)
$1,866
Misc.
Total Loan Closing
$8,657

Rental Income
Monthly Market Rent
$2,600
Potential Gross Rent
$31,200
Vacancy Factor
%
$1,560
Effective Gross Rent
$29,640
Property Taxes
%
$9,477
Hazard Insurance
%
$1,866
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$11,843
Net Operating Income
$17,797
Annual Loan Payment
$26,034
Net Cash Flow After Debt Service
$-8,237
Debt Coverage Ratio
0.68
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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.