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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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$228,505

Cash Out Proceeds

$-31,246

Annual Net Cash Flow

$3,666

New Loan Payment

0.29

Debt Service Coverage

Refinance Cost
New Loan Amount
$537,330
Current Loan Payoff
$286,600
Loan Points
$10,747
Loan Closing Costs
$11,479
Total Refinance Cost
$308,825
Total Cash Out Proceeds
$228,505

Loan Terms
New Loan Amount
$537,330
Monthly Loan Payment
$3,666
Interest Rate
7.25%
Property Net Cash Flow
$12,740
Annual Loan Payment
$43,986
Debt Coverage Ratio
0.29

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,761
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)
$3,152
Misc.
Total Loan Closing
$11,479

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$12,108
Hazard Insurance
%
$3,152
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$15,760
Net Operating Income
$12,740
Annual Loan Payment
$43,986
Net Cash Flow After Debt Service
$-31,246
Debt Coverage Ratio
0.29
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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.