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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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$126,875

Cash Out Proceeds

$-3,459

Annual Net Cash Flow

$2,066

New Loan Payment

0.86

Debt Service Coverage

Refinance Cost
New Loan Amount
$302,895
Current Loan Payoff
$161,500
Loan Points
$6,058
Loan Closing Costs
$8,462
Total Refinance Cost
$176,020
Total Cash Out Proceeds
$126,875

Loan Terms
New Loan Amount
$302,895
Monthly Loan Payment
$2,066
Interest Rate
7.25%
Property Net Cash Flow
$21,336
Annual Loan Payment
$24,795
Debt Coverage Ratio
0.86

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,120
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)
$1,777
Misc.
Total Loan Closing
$8,462

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$4,887
Hazard Insurance
%
$1,777
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,164
Net Operating Income
$21,336
Annual Loan Payment
$24,795
Net Cash Flow After Debt Service
$-3,459
Debt Coverage Ratio
0.86
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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.