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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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$108,043

Cash Out Proceeds

$-12,482

Annual Net Cash Flow

$1,771

New Loan Payment

0.41

Debt Service Coverage

Refinance Cost
New Loan Amount
$259,538
Current Loan Payoff
$138,400
Loan Points
$5,191
Loan Closing Costs
$7,904
Total Refinance Cost
$151,495
Total Cash Out Proceeds
$108,043

Loan Terms
New Loan Amount
$259,538
Monthly Loan Payment
$1,771
Interest Rate
7.25%
Property Net Cash Flow
$8,764
Annual Loan Payment
$21,246
Debt Coverage Ratio
0.41

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,817
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)
$1,523
Misc.
Total Loan Closing
$7,904

Rental Income
Monthly Market Rent
$1,400
Potential Gross Rent
$16,800
Vacancy Factor
%
$840
Effective Gross Rent
$15,960
Property Taxes
%
$5,173
Hazard Insurance
%
$1,523
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,196
Net Operating Income
$8,764
Annual Loan Payment
$21,246
Net Cash Flow After Debt Service
$-12,482
Debt Coverage Ratio
0.41
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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.