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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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$183,495

Cash Out Proceeds

$-21,809

Annual Net Cash Flow

$2,957

New Loan Payment

0.39

Debt Service Coverage

Refinance Cost
New Loan Amount
$433,508
Current Loan Payoff
$231,200
Loan Points
$8,670
Loan Closing Costs
$10,143
Total Refinance Cost
$250,013
Total Cash Out Proceeds
$183,495

Loan Terms
New Loan Amount
$433,508
Monthly Loan Payment
$2,957
Interest Rate
7.25%
Property Net Cash Flow
$13,678
Annual Loan Payment
$35,487
Debt Coverage Ratio
0.39

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,035
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)
$2,543
Misc.
Total Loan Closing
$10,143

Rental Income
Monthly Market Rent
$2,600
Potential Gross Rent
$31,200
Vacancy Factor
%
$1,560
Effective Gross Rent
$29,640
Property Taxes
%
$12,919
Hazard Insurance
%
$2,543
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$15,962
Net Operating Income
$13,678
Annual Loan Payment
$35,487
Net Cash Flow After Debt Service
$-21,809
Debt Coverage Ratio
0.39
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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.