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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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$262,334

Cash Out Proceeds

$2,051

Annual Net Cash Flow

$4,198

New Loan Payment

1.04

Debt Service Coverage

Refinance Cost
New Loan Amount
$615,323
Current Loan Payoff
$328,200
Loan Points
$12,306
Loan Closing Costs
$12,482
Total Refinance Cost
$352,989
Total Cash Out Proceeds
$262,334

Loan Terms
New Loan Amount
$615,323
Monthly Loan Payment
$4,198
Interest Rate
7.25%
Property Net Cash Flow
$52,422
Annual Loan Payment
$50,371
Debt Coverage Ratio
1.04

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$4,307
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)
$3,610
Misc.
Total Loan Closing
$12,482

Rental Income
Monthly Market Rent
$5,200
Potential Gross Rent
$62,400
Vacancy Factor
%
$3,120
Effective Gross Rent
$59,280
Property Taxes
%
$2,748
Hazard Insurance
%
$3,610
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,858
Net Operating Income
$52,422
Annual Loan Payment
$50,371
Net Cash Flow After Debt Service
$2,051
Debt Coverage Ratio
1.04
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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.