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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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$111,007

Cash Out Proceeds

$-1,366

Annual Net Cash Flow

$1,817

New Loan Payment

0.94

Debt Service Coverage

Refinance Cost
New Loan Amount
$266,325
Current Loan Payoff
$142,000
Loan Points
$5,327
Loan Closing Costs
$7,992
Total Refinance Cost
$155,318
Total Cash Out Proceeds
$111,007

Loan Terms
New Loan Amount
$266,325
Monthly Loan Payment
$1,817
Interest Rate
7.25%
Property Net Cash Flow
$20,436
Annual Loan Payment
$21,802
Debt Coverage Ratio
0.94

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,864
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)
$1,562
Misc.
Total Loan Closing
$7,992

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$6,001
Hazard Insurance
%
$1,562
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,064
Net Operating Income
$20,436
Annual Loan Payment
$21,802
Net Cash Flow After Debt Service
$-1,366
Debt Coverage Ratio
0.94
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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.