126839

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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$118,839

Cash Out Proceeds

$-2,625

Annual Net Cash Flow

$1,941

New Loan Payment

0.89

Debt Service Coverage

Refinance Cost
New Loan Amount
$284,453
Current Loan Payoff
$151,700
Loan Points
$5,689
Loan Closing Costs
$8,225
Total Refinance Cost
$165,614
Total Cash Out Proceeds
$118,839

Loan Terms
New Loan Amount
$284,453
Monthly Loan Payment
$1,941
Interest Rate
7.25%
Property Net Cash Flow
$20,661
Annual Loan Payment
$23,286
Debt Coverage Ratio
0.89

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,991
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)
$1,669
Misc.
Total Loan Closing
$8,225

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$5,670
Hazard Insurance
%
$1,669
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,839
Net Operating Income
$20,661
Annual Loan Payment
$23,286
Net Cash Flow After Debt Service
$-2,625
Debt Coverage Ratio
0.89
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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.