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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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$227,350

Cash Out Proceeds

$-10,708

Annual Net Cash Flow

$3,647

New Loan Payment

0.76

Debt Service Coverage

Refinance Cost
New Loan Amount
$534,585
Current Loan Payoff
$285,100
Loan Points
$10,692
Loan Closing Costs
$11,443
Total Refinance Cost
$307,235
Total Cash Out Proceeds
$227,350

Loan Terms
New Loan Amount
$534,585
Monthly Loan Payment
$3,647
Interest Rate
7.25%
Property Net Cash Flow
$33,054
Annual Loan Payment
$43,762
Debt Coverage Ratio
0.76

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,742
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)
$3,136
Misc.
Total Loan Closing
$11,443

Rental Income
Monthly Market Rent
$4,000
Potential Gross Rent
$48,000
Vacancy Factor
%
$2,400
Effective Gross Rent
$45,600
Property Taxes
%
$8,910
Hazard Insurance
%
$3,136
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$12,546
Net Operating Income
$33,054
Annual Loan Payment
$43,762
Net Cash Flow After Debt Service
$-10,708
Debt Coverage Ratio
0.76
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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.