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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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$134,493

Cash Out Proceeds

$-1,955

Annual Net Cash Flow

$2,187

New Loan Payment

0.93

Debt Service Coverage

Refinance Cost
New Loan Amount
$320,595
Current Loan Payoff
$171,000
Loan Points
$6,412
Loan Closing Costs
$8,690
Total Refinance Cost
$186,102
Total Cash Out Proceeds
$134,493

Loan Terms
New Loan Amount
$320,595
Monthly Loan Payment
$2,187
Interest Rate
7.25%
Property Net Cash Flow
$24,289
Annual Loan Payment
$26,244
Debt Coverage Ratio
0.93

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,244
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)
$1,881
Misc.
Total Loan Closing
$8,690

Rental Income
Monthly Market Rent
$2,900
Potential Gross Rent
$34,800
Vacancy Factor
%
$1,740
Effective Gross Rent
$33,060
Property Taxes
%
$6,391
Hazard Insurance
%
$1,881
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,771
Net Operating Income
$24,289
Annual Loan Payment
$26,244
Net Cash Flow After Debt Service
$-1,955
Debt Coverage Ratio
0.93
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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.