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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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$266,888

Cash Out Proceeds

$-25,128

Annual Net Cash Flow

$4,269

New Loan Payment

0.51

Debt Service Coverage

Refinance Cost
New Loan Amount
$625,718
Current Loan Payoff
$333,700
Loan Points
$12,514
Loan Closing Costs
$12,616
Total Refinance Cost
$358,830
Total Cash Out Proceeds
$266,888

Loan Terms
New Loan Amount
$625,718
Monthly Loan Payment
$4,269
Interest Rate
7.25%
Property Net Cash Flow
$26,094
Annual Loan Payment
$51,222
Debt Coverage Ratio
0.51

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$4,380
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)
$3,671
Misc.
Total Loan Closing
$12,616

Rental Income
Monthly Market Rent
$2,900
Potential Gross Rent
$34,800
Vacancy Factor
%
$1,740
Effective Gross Rent
$33,060
Property Taxes
%
$2,795
Hazard Insurance
%
$3,671
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,966
Net Operating Income
$26,094
Annual Loan Payment
$51,222
Net Cash Flow After Debt Service
$-25,128
Debt Coverage Ratio
0.51
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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.