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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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$162,996

Cash Out Proceeds

$-2,582

Annual Net Cash Flow

$2,634

New Loan Payment

0.92

Debt Service Coverage

Refinance Cost
New Loan Amount
$386,153
Current Loan Payoff
$205,900
Loan Points
$7,723
Loan Closing Costs
$9,533
Total Refinance Cost
$223,157
Total Cash Out Proceeds
$162,996

Loan Terms
New Loan Amount
$386,153
Monthly Loan Payment
$2,634
Interest Rate
7.25%
Property Net Cash Flow
$29,029
Annual Loan Payment
$31,611
Debt Coverage Ratio
0.92

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,703
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)
$2,265
Misc.
Total Loan Closing
$9,533

Rental Income
Monthly Market Rent
$3,200
Potential Gross Rent
$38,400
Vacancy Factor
%
$1,920
Effective Gross Rent
$36,480
Property Taxes
%
$4,685
Hazard Insurance
%
$2,265
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,451
Net Operating Income
$29,029
Annual Loan Payment
$31,611
Net Cash Flow After Debt Service
$-2,582
Debt Coverage Ratio
0.92
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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.