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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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$195,319

Cash Out Proceeds

$-16,651

Annual Net Cash Flow

$3,144

New Loan Payment

0.56

Debt Service Coverage

Refinance Cost
New Loan Amount
$460,830
Current Loan Payoff
$245,800
Loan Points
$9,217
Loan Closing Costs
$10,494
Total Refinance Cost
$265,511
Total Cash Out Proceeds
$195,319

Loan Terms
New Loan Amount
$460,830
Monthly Loan Payment
$3,144
Interest Rate
7.25%
Property Net Cash Flow
$21,073
Annual Loan Payment
$37,724
Debt Coverage Ratio
0.56

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,226
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)
$2,704
Misc.
Total Loan Closing
$10,494

Rental Income
Monthly Market Rent
$3,000
Potential Gross Rent
$36,000
Vacancy Factor
%
$1,800
Effective Gross Rent
$34,200
Property Taxes
%
$9,923
Hazard Insurance
%
$2,704
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$13,127
Net Operating Income
$21,073
Annual Loan Payment
$37,724
Net Cash Flow After Debt Service
$-16,651
Debt Coverage Ratio
0.56
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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.