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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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$185,760

Cash Out Proceeds

$-5,483

Annual Net Cash Flow

$2,994

New Loan Payment

0.85

Debt Service Coverage

Refinance Cost
New Loan Amount
$438,848
Current Loan Payoff
$234,100
Loan Points
$8,777
Loan Closing Costs
$10,212
Total Refinance Cost
$253,088
Total Cash Out Proceeds
$185,760

Loan Terms
New Loan Amount
$438,848
Monthly Loan Payment
$2,994
Interest Rate
7.25%
Property Net Cash Flow
$30,442
Annual Loan Payment
$35,925
Debt Coverage Ratio
0.85

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,072
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)
$2,575
Misc.
Total Loan Closing
$10,212

Rental Income
Monthly Market Rent
$4,000
Potential Gross Rent
$48,000
Vacancy Factor
%
$2,400
Effective Gross Rent
$45,600
Property Taxes
%
$12,083
Hazard Insurance
%
$2,575
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$15,158
Net Operating Income
$30,442
Annual Loan Payment
$35,925
Net Cash Flow After Debt Service
$-5,483
Debt Coverage Ratio
0.85
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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.