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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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$135,298

Cash Out Proceeds

$-6,706

Annual Net Cash Flow

$2,199

New Loan Payment

0.75

Debt Service Coverage

Refinance Cost

New Loan Amount
$322,358
Current Loan Payoff
$171,900
Loan Points
$6,447
Loan Closing Costs
$8,713
Total Refinance Cost
$187,060
Total Cash Out Proceeds
$135,298

Loan Terms

New Loan Amount
$322,358
Monthly Loan Payment
$2,199
Interest Rate
7.25%
Property Net Cash Flow
$19,683
Annual Loan Payment
$26,389
Debt Coverage Ratio
0.75

Closing Costs

Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,257
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)
$1,891
Misc.
Total Loan Closing
$8,713

Rental Income

Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$6,426
Hazard Insurance
%
$1,891
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,817
Net Operating Income
$19,683
Annual Loan Payment
$26,389
Net Cash Flow After Debt Service
$-6,706
Debt Coverage Ratio
0.75
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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.