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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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$415,861

Cash Out Proceeds

$-69,429

Annual Net Cash Flow

$6,612

New Loan Payment

0.12

Debt Service Coverage

Refinance Cost
New Loan Amount
$969,180
Current Loan Payoff
$516,900
Loan Points
$19,384
Loan Closing Costs
$17,035
Total Refinance Cost
$553,319
Total Cash Out Proceeds
$415,861

Loan Terms
New Loan Amount
$969,180
Monthly Loan Payment
$6,612
Interest Rate
7.25%
Property Net Cash Flow
$9,909
Annual Loan Payment
$79,338
Debt Coverage Ratio
0.12

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$6,784
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)
$5,686
Misc.
Total Loan Closing
$17,035

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$12,406
Hazard Insurance
%
$5,686
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$18,591
Net Operating Income
$9,909
Annual Loan Payment
$79,338
Net Cash Flow After Debt Service
$-69,429
Debt Coverage Ratio
0.12
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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.