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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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$123,676

Cash Out Proceeds

$-4,146

Annual Net Cash Flow

$2,017

New Loan Payment

0.83

Debt Service Coverage

Refinance Cost
New Loan Amount
$295,658
Current Loan Payoff
$157,700
Loan Points
$5,913
Loan Closing Costs
$8,369
Total Refinance Cost
$171,982
Total Cash Out Proceeds
$123,676

Loan Terms
New Loan Amount
$295,658
Monthly Loan Payment
$2,017
Interest Rate
7.25%
Property Net Cash Flow
$20,057
Annual Loan Payment
$24,203
Debt Coverage Ratio
0.83

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,070
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)
$1,735
Misc.
Total Loan Closing
$8,369

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$6,209
Hazard Insurance
%
$1,735
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,443
Net Operating Income
$20,057
Annual Loan Payment
$24,203
Net Cash Flow After Debt Service
$-4,146
Debt Coverage Ratio
0.83
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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.