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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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$357,588

Cash Out Proceeds

$-15,912

Annual Net Cash Flow

$5,695

New Loan Payment

0.77

Debt Service Coverage

Refinance Cost
New Loan Amount
$834,893
Current Loan Payoff
$445,300
Loan Points
$16,698
Loan Closing Costs
$15,307
Total Refinance Cost
$477,305
Total Cash Out Proceeds
$357,588

Loan Terms
New Loan Amount
$834,893
Monthly Loan Payment
$5,695
Interest Rate
7.25%
Property Net Cash Flow
$52,433
Annual Loan Payment
$68,345
Debt Coverage Ratio
0.77

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$5,844
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)
$4,898
Misc.
Total Loan Closing
$15,307

Rental Income
Monthly Market Rent
$5,400
Potential Gross Rent
$64,800
Vacancy Factor
%
$3,240
Effective Gross Rent
$61,560
Property Taxes
%
$3,729
Hazard Insurance
%
$4,898
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$9,127
Net Operating Income
$52,433
Annual Loan Payment
$68,345
Net Cash Flow After Debt Service
$-15,912
Debt Coverage Ratio
0.77
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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.