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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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$200,541

Cash Out Proceeds

$-8,073

Annual Net Cash Flow

$3,310

New Loan Payment

0.8

Debt Service Coverage

Refinance Cost
New Loan Amount
$485,190
Current Loan Payoff
$258,800
Loan Points
$9,704
Loan Closing Costs
$16,145
Total Refinance Cost
$284,649
Total Cash Out Proceeds
$200,541

Loan Terms
New Loan Amount
$485,190
Monthly Loan Payment
$3,310
Interest Rate
7.25%
Property Net Cash Flow
$31,645
Annual Loan Payment
$39,718
Debt Coverage Ratio
0.8

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$5,337
Title - Lender's Policy
%
$3,396
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)
$2,846
Misc.
Total Loan Closing
$16,145

Rental Income
Monthly Market Rent
$3,600
Potential Gross Rent
$43,200
Vacancy Factor
%
$2,160
Effective Gross Rent
$41,040
Property Taxes
%
$6,049
Hazard Insurance
%
$2,846
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$9,395
Net Operating Income
$31,645
Annual Loan Payment
$39,718
Net Cash Flow After Debt Service
$-8,073
Debt Coverage Ratio
0.8
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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.