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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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$115,030

Cash Out Proceeds

$-4,398

Annual Net Cash Flow

$1,880

New Loan Payment

0.81

Debt Service Coverage

Refinance Cost
New Loan Amount
$275,655
Current Loan Payoff
$147,000
Loan Points
$5,513
Loan Closing Costs
$8,112
Total Refinance Cost
$160,625
Total Cash Out Proceeds
$115,030

Loan Terms
New Loan Amount
$275,655
Monthly Loan Payment
$1,880
Interest Rate
7.25%
Property Net Cash Flow
$18,167
Annual Loan Payment
$22,565
Debt Coverage Ratio
0.81

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,930
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)
$1,617
Misc.
Total Loan Closing
$8,112

Rental Income
Monthly Market Rent
$2,300
Potential Gross Rent
$27,600
Vacancy Factor
%
$1,380
Effective Gross Rent
$26,220
Property Taxes
%
$5,936
Hazard Insurance
%
$1,617
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,053
Net Operating Income
$18,167
Annual Loan Payment
$22,565
Net Cash Flow After Debt Service
$-4,398
Debt Coverage Ratio
0.81
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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.