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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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$141,516

Cash Out Proceeds

$-142

Annual Net Cash Flow

$2,297

New Loan Payment

0.99

Debt Service Coverage

Refinance Cost
New Loan Amount
$336,645
Current Loan Payoff
$179,500
Loan Points
$6,733
Loan Closing Costs
$8,896
Total Refinance Cost
$195,129
Total Cash Out Proceeds
$141,516

Loan Terms
New Loan Amount
$336,645
Monthly Loan Payment
$2,297
Interest Rate
7.25%
Property Net Cash Flow
$27,416
Annual Loan Payment
$27,558
Debt Coverage Ratio
0.99

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,357
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)
$1,975
Misc.
Total Loan Closing
$8,896

Rental Income
Monthly Market Rent
$3,000
Potential Gross Rent
$36,000
Vacancy Factor
%
$1,800
Effective Gross Rent
$34,200
Property Taxes
%
$4,309
Hazard Insurance
%
$1,975
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,784
Net Operating Income
$27,416
Annual Loan Payment
$27,558
Net Cash Flow After Debt Service
$-142
Debt Coverage Ratio
0.99
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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.