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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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$123,262

Cash Out Proceeds

$-4,477

Annual Net Cash Flow

$2,011

New Loan Payment

0.81

Debt Service Coverage

Refinance Cost
New Loan Amount
$294,713
Current Loan Payoff
$157,200
Loan Points
$5,894
Loan Closing Costs
$8,357
Total Refinance Cost
$171,451
Total Cash Out Proceeds
$123,262

Loan Terms
New Loan Amount
$294,713
Monthly Loan Payment
$2,011
Interest Rate
7.25%
Property Net Cash Flow
$19,649
Annual Loan Payment
$24,126
Debt Coverage Ratio
0.81

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,063
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)
$1,729
Misc.
Total Loan Closing
$8,357

Rental Income
Monthly Market Rent
$2,300
Potential Gross Rent
$27,600
Vacancy Factor
%
$1,380
Effective Gross Rent
$26,220
Property Taxes
%
$4,342
Hazard Insurance
%
$1,729
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,571
Net Operating Income
$19,649
Annual Loan Payment
$24,126
Net Cash Flow After Debt Service
$-4,477
Debt Coverage Ratio
0.81
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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.