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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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$115,001

Cash Out Proceeds

$-2,372

Annual Net Cash Flow

$1,880

New Loan Payment

0.89

Debt Service Coverage

Refinance Cost
New Loan Amount
$275,625
Current Loan Payoff
$147,000
Loan Points
$5,513
Loan Closing Costs
$8,111
Total Refinance Cost
$160,624
Total Cash Out Proceeds
$115,001

Loan Terms
New Loan Amount
$275,625
Monthly Loan Payment
$1,880
Interest Rate
7.25%
Property Net Cash Flow
$20,191
Annual Loan Payment
$22,563
Debt Coverage Ratio
0.89

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,929
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
$8,111

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$6,192
Hazard Insurance
%
$1,617
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,309
Net Operating Income
$20,191
Annual Loan Payment
$22,563
Net Cash Flow After Debt Service
$-2,372
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.