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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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$135,477

Cash Out Proceeds

$-2,692

Annual Net Cash Flow

$2,202

New Loan Payment

0.9

Debt Service Coverage

Refinance Cost
New Loan Amount
$322,853
Current Loan Payoff
$172,200
Loan Points
$6,457
Loan Closing Costs
$8,719
Total Refinance Cost
$187,376
Total Cash Out Proceeds
$135,477

Loan Terms
New Loan Amount
$322,853
Monthly Loan Payment
$2,202
Interest Rate
7.25%
Property Net Cash Flow
$23,737
Annual Loan Payment
$26,429
Debt Coverage Ratio
0.9

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,260
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)
$1,894
Misc.
Total Loan Closing
$8,719

Rental Income
Monthly Market Rent
$2,700
Potential Gross Rent
$32,400
Vacancy Factor
%
$1,620
Effective Gross Rent
$30,780
Property Taxes
%
$4,649
Hazard Insurance
%
$1,894
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,043
Net Operating Income
$23,737
Annual Loan Payment
$26,429
Net Cash Flow After Debt Service
$-2,692
Debt Coverage Ratio
0.9
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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.