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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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$169,358

Cash Out Proceeds

$-12,393

Annual Net Cash Flow

$2,736

New Loan Payment

0.62

Debt Service Coverage

Refinance Cost
New Loan Amount
$401,003
Current Loan Payoff
$213,900
Loan Points
$8,020
Loan Closing Costs
$9,725
Total Refinance Cost
$231,645
Total Cash Out Proceeds
$169,358

Loan Terms
New Loan Amount
$401,003
Monthly Loan Payment
$2,736
Interest Rate
7.25%
Property Net Cash Flow
$20,434
Annual Loan Payment
$32,827
Debt Coverage Ratio
0.62

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,807
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)
$2,353
Misc.
Total Loan Closing
$9,725

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$5,213
Hazard Insurance
%
$2,353
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,066
Net Operating Income
$20,434
Annual Loan Payment
$32,827
Net Cash Flow After Debt Service
$-12,393
Debt Coverage Ratio
0.62
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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.