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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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$167,108

Cash Out Proceeds

$-12,700

Annual Net Cash Flow

$2,699

New Loan Payment

0.61

Debt Service Coverage

Refinance Cost
New Loan Amount
$395,678
Current Loan Payoff
$211,000
Loan Points
$7,914
Loan Closing Costs
$9,656
Total Refinance Cost
$228,570
Total Cash Out Proceeds
$167,108

Loan Terms
New Loan Amount
$395,678
Monthly Loan Payment
$2,699
Interest Rate
7.25%
Property Net Cash Flow
$19,691
Annual Loan Payment
$32,391
Debt Coverage Ratio
0.61

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,770
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)
$2,321
Misc.
Total Loan Closing
$9,656

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$5,988
Hazard Insurance
%
$2,321
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,809
Net Operating Income
$19,691
Annual Loan Payment
$32,391
Net Cash Flow After Debt Service
$-12,700
Debt Coverage Ratio
0.61
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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.