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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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$202,588

Cash Out Proceeds

$-10,670

Annual Net Cash Flow

$3,258

New Loan Payment

0.73

Debt Service Coverage

Refinance Cost
New Loan Amount
$477,548
Current Loan Payoff
$254,700
Loan Points
$9,551
Loan Closing Costs
$10,709
Total Refinance Cost
$274,960
Total Cash Out Proceeds
$202,588

Loan Terms
New Loan Amount
$477,548
Monthly Loan Payment
$3,258
Interest Rate
7.25%
Property Net Cash Flow
$28,423
Annual Loan Payment
$39,093
Debt Coverage Ratio
0.73

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,343
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)
$2,802
Misc.
Total Loan Closing
$10,709

Rental Income
Monthly Market Rent
$3,400
Potential Gross Rent
$40,800
Vacancy Factor
%
$2,040
Effective Gross Rent
$38,760
Property Taxes
%
$7,036
Hazard Insurance
%
$2,802
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$10,337
Net Operating Income
$28,423
Annual Loan Payment
$39,093
Net Cash Flow After Debt Service
$-10,670
Debt Coverage Ratio
0.73
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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.