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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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$150,066

Cash Out Proceeds

$-9,247

Annual Net Cash Flow

$2,432

New Loan Payment

0.68

Debt Service Coverage

Refinance Cost
New Loan Amount
$356,550
Current Loan Payoff
$190,200
Loan Points
$7,131
Loan Closing Costs
$9,153
Total Refinance Cost
$206,484
Total Cash Out Proceeds
$150,066

Loan Terms
New Loan Amount
$356,550
Monthly Loan Payment
$2,432
Interest Rate
7.25%
Property Net Cash Flow
$19,941
Annual Loan Payment
$29,188
Debt Coverage Ratio
0.68

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,496
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)
$2,092
Misc.
Total Loan Closing
$9,153

Rental Income
Monthly Market Rent
$2,600
Potential Gross Rent
$31,200
Vacancy Factor
%
$1,560
Effective Gross Rent
$29,640
Property Taxes
%
$7,107
Hazard Insurance
%
$2,092
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$9,699
Net Operating Income
$19,941
Annual Loan Payment
$29,188
Net Cash Flow After Debt Service
$-9,247
Debt Coverage Ratio
0.68
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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.