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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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$205,352

Cash Out Proceeds

$-19,786

Annual Net Cash Flow

$3,301

New Loan Payment

0.5

Debt Service Coverage

Refinance Cost
New Loan Amount
$483,818
Current Loan Payoff
$258,000
Loan Points
$9,676
Loan Closing Costs
$10,790
Total Refinance Cost
$278,466
Total Cash Out Proceeds
$205,352

Loan Terms
New Loan Amount
$483,818
Monthly Loan Payment
$3,301
Interest Rate
7.25%
Property Net Cash Flow
$19,820
Annual Loan Payment
$39,606
Debt Coverage Ratio
0.5

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,387
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)
$2,838
Misc.
Total Loan Closing
$10,790

Rental Income
Monthly Market Rent
$3,200
Potential Gross Rent
$38,400
Vacancy Factor
%
$1,920
Effective Gross Rent
$36,480
Property Taxes
%
$13,321
Hazard Insurance
%
$2,838
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$16,660
Net Operating Income
$19,820
Annual Loan Payment
$39,606
Net Cash Flow After Debt Service
$-19,786
Debt Coverage Ratio
0.5
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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.