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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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$281,239

Cash Out Proceeds

$-16,773

Annual Net Cash Flow

$4,494

New Loan Payment

0.69

Debt Service Coverage

Refinance Cost
New Loan Amount
$658,755
Current Loan Payoff
$351,300
Loan Points
$13,175
Loan Closing Costs
$13,041
Total Refinance Cost
$377,516
Total Cash Out Proceeds
$281,239

Loan Terms
New Loan Amount
$658,755
Monthly Loan Payment
$4,494
Interest Rate
7.25%
Property Net Cash Flow
$37,153
Annual Loan Payment
$53,926
Debt Coverage Ratio
0.69

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$4,611
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)
$3,865
Misc.
Total Loan Closing
$13,041

Rental Income
Monthly Market Rent
$3,900
Potential Gross Rent
$46,800
Vacancy Factor
%
$2,340
Effective Gross Rent
$44,460
Property Taxes
%
$2,942
Hazard Insurance
%
$3,865
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,307
Net Operating Income
$37,153
Annual Loan Payment
$53,926
Net Cash Flow After Debt Service
$-16,773
Debt Coverage Ratio
0.69
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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.