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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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$328,903

Cash Out Proceeds

$-56,750

Annual Net Cash Flow

$5,243

New Loan Payment

0.1

Debt Service Coverage

Refinance Cost
New Loan Amount
$768,630
Current Loan Payoff
$409,900
Loan Points
$15,373
Loan Closing Costs
$14,455
Total Refinance Cost
$439,727
Total Cash Out Proceeds
$328,903

Loan Terms
New Loan Amount
$768,630
Monthly Loan Payment
$5,243
Interest Rate
7.25%
Property Net Cash Flow
$6,171
Annual Loan Payment
$62,921
Debt Coverage Ratio
0.1

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$5,380
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)
$4,509
Misc.
Total Loan Closing
$14,455

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$17,320
Hazard Insurance
%
$4,509
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$22,329
Net Operating Income
$6,171
Annual Loan Payment
$62,921
Net Cash Flow After Debt Service
$-56,750
Debt Coverage Ratio
0.1
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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.