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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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$274,521

Cash Out Proceeds

$-3,961

Annual Net Cash Flow

$4,389

New Loan Payment

0.92

Debt Service Coverage

Refinance Cost
New Loan Amount
$643,433
Current Loan Payoff
$343,200
Loan Points
$12,869
Loan Closing Costs
$12,844
Total Refinance Cost
$368,912
Total Cash Out Proceeds
$274,521

Loan Terms
New Loan Amount
$643,433
Monthly Loan Payment
$4,389
Interest Rate
7.25%
Property Net Cash Flow
$48,711
Annual Loan Payment
$52,672
Debt Coverage Ratio
0.92

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$4,504
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)
$3,775
Misc.
Total Loan Closing
$12,844

Rental Income
Monthly Market Rent
$4,900
Potential Gross Rent
$58,800
Vacancy Factor
%
$2,940
Effective Gross Rent
$55,860
Property Taxes
%
$2,874
Hazard Insurance
%
$3,775
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,149
Net Operating Income
$48,711
Annual Loan Payment
$52,672
Net Cash Flow After Debt Service
$-3,961
Debt Coverage Ratio
0.92
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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.