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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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$296,053

Cash Out Proceeds

$-17,660

Annual Net Cash Flow

$4,728

New Loan Payment

0.69

Debt Service Coverage

Refinance Cost
New Loan Amount
$693,098
Current Loan Payoff
$369,700
Loan Points
$13,862
Loan Closing Costs
$13,483
Total Refinance Cost
$397,045
Total Cash Out Proceeds
$296,053

Loan Terms
New Loan Amount
$693,098
Monthly Loan Payment
$4,728
Interest Rate
7.25%
Property Net Cash Flow
$39,078
Annual Loan Payment
$56,738
Debt Coverage Ratio
0.69

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$4,852
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)
$4,066
Misc.
Total Loan Closing
$13,483

Rental Income
Monthly Market Rent
$4,100
Potential Gross Rent
$49,200
Vacancy Factor
%
$2,460
Effective Gross Rent
$46,740
Property Taxes
%
$3,096
Hazard Insurance
%
$4,066
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,662
Net Operating Income
$39,078
Annual Loan Payment
$56,738
Net Cash Flow After Debt Service
$-17,660
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.