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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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$166,761

Cash Out Proceeds

$-16,358

Annual Net Cash Flow

$2,694

New Loan Payment

0.49

Debt Service Coverage

Refinance Cost
New Loan Amount
$394,905
Current Loan Payoff
$210,600
Loan Points
$7,898
Loan Closing Costs
$9,646
Total Refinance Cost
$228,144
Total Cash Out Proceeds
$166,761

Loan Terms
New Loan Amount
$394,905
Monthly Loan Payment
$2,694
Interest Rate
7.25%
Property Net Cash Flow
$15,969
Annual Loan Payment
$32,327
Debt Coverage Ratio
0.49

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,764
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)
$2,317
Misc.
Total Loan Closing
$9,646

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$9,715
Hazard Insurance
%
$2,317
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$12,531
Net Operating Income
$15,969
Annual Loan Payment
$32,327
Net Cash Flow After Debt Service
$-16,358
Debt Coverage Ratio
0.49
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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.