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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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$128,133

Cash Out Proceeds

$-7,171

Annual Net Cash Flow

$2,086

New Loan Payment

0.71

Debt Service Coverage

Refinance Cost
New Loan Amount
$305,850
Current Loan Payoff
$163,100
Loan Points
$6,117
Loan Closing Costs
$8,500
Total Refinance Cost
$177,717
Total Cash Out Proceeds
$128,133

Loan Terms
New Loan Amount
$305,850
Monthly Loan Payment
$2,086
Interest Rate
7.25%
Property Net Cash Flow
$17,866
Annual Loan Payment
$25,037
Debt Coverage Ratio
0.71

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,141
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)
$1,794
Misc.
Total Loan Closing
$8,500

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$8,340
Hazard Insurance
%
$1,794
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$10,634
Net Operating Income
$17,866
Annual Loan Payment
$25,037
Net Cash Flow After Debt Service
$-7,171
Debt Coverage Ratio
0.71
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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.