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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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$317,029

Cash Out Proceeds

$324,450

Annual Net Cash Flow

$5,057

New Loan Payment

6.35

Debt Service Coverage

Refinance Cost
New Loan Amount
$741,360
Current Loan Payoff
$395,400
Loan Points
$14,827
Loan Closing Costs
$14,104
Total Refinance Cost
$424,331
Total Cash Out Proceeds
$317,029

Loan Terms
New Loan Amount
$741,360
Monthly Loan Payment
$5,057
Interest Rate
7.25%
Property Net Cash Flow
$385,139
Annual Loan Payment
$60,689
Debt Coverage Ratio
6.35

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$5,190
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)
$4,349
Misc.
Total Loan Closing
$14,104

Rental Income
Monthly Market Rent
$36,000
Potential Gross Rent
$432,000
Vacancy Factor
%
$21,600
Effective Gross Rent
$410,400
Property Taxes
%
$20,412
Hazard Insurance
%
$4,349
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$25,261
Net Operating Income
$385,139
Annual Loan Payment
$60,689
Net Cash Flow After Debt Service
$324,450
Debt Coverage Ratio
6.35
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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.