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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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$152,245

Cash Out Proceeds

$-9,913

Annual Net Cash Flow

$2,465

New Loan Payment

0.66

Debt Service Coverage

Refinance Cost
New Loan Amount
$361,388
Current Loan Payoff
$192,700
Loan Points
$7,228
Loan Closing Costs
$9,215
Total Refinance Cost
$209,143
Total Cash Out Proceeds
$152,245

Loan Terms
New Loan Amount
$361,388
Monthly Loan Payment
$2,465
Interest Rate
7.25%
Property Net Cash Flow
$19,671
Annual Loan Payment
$29,584
Debt Coverage Ratio
0.66

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,530
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)
$2,120
Misc.
Total Loan Closing
$9,215

Rental Income
Monthly Market Rent
$2,900
Potential Gross Rent
$34,800
Vacancy Factor
%
$1,740
Effective Gross Rent
$33,060
Property Taxes
%
$10,769
Hazard Insurance
%
$2,120
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$13,389
Net Operating Income
$19,671
Annual Loan Payment
$29,584
Net Cash Flow After Debt Service
$-9,913
Debt Coverage Ratio
0.66
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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.