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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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$229,597

Cash Out Proceeds

$-15,994

Annual Net Cash Flow

$3,682

New Loan Payment

0.64

Debt Service Coverage

Refinance Cost
New Loan Amount
$539,700
Current Loan Payoff
$287,800
Loan Points
$10,794
Loan Closing Costs
$11,509
Total Refinance Cost
$310,103
Total Cash Out Proceeds
$229,597

Loan Terms
New Loan Amount
$539,700
Monthly Loan Payment
$3,682
Interest Rate
7.25%
Property Net Cash Flow
$28,186
Annual Loan Payment
$44,180
Debt Coverage Ratio
0.64

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,778
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)
$3,166
Misc.
Total Loan Closing
$11,509

Rental Income
Monthly Market Rent
$3,400
Potential Gross Rent
$40,800
Vacancy Factor
%
$2,040
Effective Gross Rent
$38,760
Property Taxes
%
$6,908
Hazard Insurance
%
$3,166
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$10,574
Net Operating Income
$28,186
Annual Loan Payment
$44,180
Net Cash Flow After Debt Service
$-15,994
Debt Coverage Ratio
0.64
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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.