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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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$226,907

Cash Out Proceeds

$-10,928

Annual Net Cash Flow

$3,640

New Loan Payment

0.75

Debt Service Coverage

Refinance Cost
New Loan Amount
$533,610
Current Loan Payoff
$284,600
Loan Points
$10,672
Loan Closing Costs
$11,431
Total Refinance Cost
$306,703
Total Cash Out Proceeds
$226,907

Loan Terms
New Loan Amount
$533,610
Monthly Loan Payment
$3,640
Interest Rate
7.25%
Property Net Cash Flow
$32,754
Annual Loan Payment
$43,682
Debt Coverage Ratio
0.75

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,735
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)
$3,131
Misc.
Total Loan Closing
$11,431

Rental Income
Monthly Market Rent
$3,900
Potential Gross Rent
$46,800
Vacancy Factor
%
$2,340
Effective Gross Rent
$44,460
Property Taxes
%
$8,075
Hazard Insurance
%
$3,131
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$11,706
Net Operating Income
$32,754
Annual Loan Payment
$43,682
Net Cash Flow After Debt Service
$-10,928
Debt Coverage Ratio
0.75
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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.