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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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$143,173

Cash Out Proceeds

$-10,251

Annual Net Cash Flow

$2,323

New Loan Payment

0.63

Debt Service Coverage

Refinance Cost
New Loan Amount
$340,530
Current Loan Payoff
$181,600
Loan Points
$6,811
Loan Closing Costs
$8,946
Total Refinance Cost
$197,357
Total Cash Out Proceeds
$143,173

Loan Terms
New Loan Amount
$340,530
Monthly Loan Payment
$2,323
Interest Rate
7.25%
Property Net Cash Flow
$17,625
Annual Loan Payment
$27,876
Debt Coverage Ratio
0.63

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,384
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)
$1,998
Misc.
Total Loan Closing
$8,946

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$8,377
Hazard Insurance
%
$1,998
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$10,875
Net Operating Income
$17,625
Annual Loan Payment
$27,876
Net Cash Flow After Debt Service
$-10,251
Debt Coverage Ratio
0.63
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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.