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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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$522,748

Cash Out Proceeds

$-84,078

Annual Net Cash Flow

$8,293

New Loan Payment

0.16

Debt Service Coverage

Refinance Cost
New Loan Amount
$1,215,668
Current Loan Payoff
$648,400
Loan Points
$24,313
Loan Closing Costs
$20,207
Total Refinance Cost
$692,920
Total Cash Out Proceeds
$522,748

Loan Terms
New Loan Amount
$1,215,668
Monthly Loan Payment
$8,293
Interest Rate
7.25%
Property Net Cash Flow
$15,438
Annual Loan Payment
$99,516
Debt Coverage Ratio
0.16

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$8,510
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)
$7,132
Misc.
Total Loan Closing
$20,207

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$5,430
Hazard Insurance
%
$7,132
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$13,062
Net Operating Income
$15,438
Annual Loan Payment
$99,516
Net Cash Flow After Debt Service
$-84,078
Debt Coverage Ratio
0.16
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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.