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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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$208,532

Cash Out Proceeds

$-27,181

Annual Net Cash Flow

$3,351

New Loan Payment

0.32

Debt Service Coverage

Refinance Cost
New Loan Amount
$491,243
Current Loan Payoff
$262,000
Loan Points
$9,825
Loan Closing Costs
$10,886
Total Refinance Cost
$282,711
Total Cash Out Proceeds
$208,532

Loan Terms
New Loan Amount
$491,243
Monthly Loan Payment
$3,351
Interest Rate
7.25%
Property Net Cash Flow
$13,033
Annual Loan Payment
$40,214
Debt Coverage Ratio
0.32

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,439
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)
$2,882
Misc.
Total Loan Closing
$10,886

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$12,085
Hazard Insurance
%
$2,882
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$15,467
Net Operating Income
$13,033
Annual Loan Payment
$40,214
Net Cash Flow After Debt Service
$-27,181
Debt Coverage Ratio
0.32
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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.