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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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$271,849

Cash Out Proceeds

$-17,062

Annual Net Cash Flow

$4,347

New Loan Payment

0.67

Debt Service Coverage

Refinance Cost
New Loan Amount
$637,155
Current Loan Payoff
$339,800
Loan Points
$12,743
Loan Closing Costs
$12,763
Total Refinance Cost
$365,306
Total Cash Out Proceeds
$271,849

Loan Terms
New Loan Amount
$637,155
Monthly Loan Payment
$4,347
Interest Rate
7.25%
Property Net Cash Flow
$35,096
Annual Loan Payment
$52,158
Debt Coverage Ratio
0.67

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$4,460
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)
$3,738
Misc.
Total Loan Closing
$12,763

Rental Income
Monthly Market Rent
$3,700
Potential Gross Rent
$44,400
Vacancy Factor
%
$2,220
Effective Gross Rent
$42,180
Property Taxes
%
$2,846
Hazard Insurance
%
$3,738
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,084
Net Operating Income
$35,096
Annual Loan Payment
$52,158
Net Cash Flow After Debt Service
$-17,062
Debt Coverage Ratio
0.67
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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.