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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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$274,555

Cash Out Proceeds

$-6,235

Annual Net Cash Flow

$4,389

New Loan Payment

0.88

Debt Service Coverage

Refinance Cost
New Loan Amount
$643,365
Current Loan Payoff
$343,100
Loan Points
$12,867
Loan Closing Costs
$12,843
Total Refinance Cost
$368,810
Total Cash Out Proceeds
$274,555

Loan Terms
New Loan Amount
$643,365
Monthly Loan Payment
$4,389
Interest Rate
7.25%
Property Net Cash Flow
$46,432
Annual Loan Payment
$52,667
Debt Coverage Ratio
0.88

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$4,504
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)
$3,774
Misc.
Total Loan Closing
$12,843

Rental Income
Monthly Market Rent
$4,700
Potential Gross Rent
$56,400
Vacancy Factor
%
$2,820
Effective Gross Rent
$53,580
Property Taxes
%
$2,874
Hazard Insurance
%
$3,774
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,148
Net Operating Income
$46,432
Annual Loan Payment
$52,667
Net Cash Flow After Debt Service
$-6,235
Debt Coverage Ratio
0.88
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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.