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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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$244,662

Cash Out Proceeds

$-14,005

Annual Net Cash Flow

$3,920

New Loan Payment

0.7

Debt Service Coverage

Refinance Cost
New Loan Amount
$574,613
Current Loan Payoff
$306,500
Loan Points
$11,492
Loan Closing Costs
$11,958
Total Refinance Cost
$329,951
Total Cash Out Proceeds
$244,662

Loan Terms
New Loan Amount
$574,613
Monthly Loan Payment
$3,920
Interest Rate
7.25%
Property Net Cash Flow
$33,033
Annual Loan Payment
$47,038
Debt Coverage Ratio
0.7

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$4,022
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)
$3,371
Misc.
Total Loan Closing
$11,958

Rental Income
Monthly Market Rent
$4,000
Potential Gross Rent
$48,000
Vacancy Factor
%
$2,400
Effective Gross Rent
$45,600
Property Taxes
%
$8,696
Hazard Insurance
%
$3,371
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$12,567
Net Operating Income
$33,033
Annual Loan Payment
$47,038
Net Cash Flow After Debt Service
$-14,005
Debt Coverage Ratio
0.7
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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.