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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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$113,071

Cash Out Proceeds

$-4,250

Annual Net Cash Flow

$1,850

New Loan Payment

0.81

Debt Service Coverage

Refinance Cost
New Loan Amount
$271,148
Current Loan Payoff
$144,600
Loan Points
$5,423
Loan Closing Costs
$8,054
Total Refinance Cost
$158,077
Total Cash Out Proceeds
$113,071

Loan Terms
New Loan Amount
$271,148
Monthly Loan Payment
$1,850
Interest Rate
7.25%
Property Net Cash Flow
$17,946
Annual Loan Payment
$22,196
Debt Coverage Ratio
0.81

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,898
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)
$1,591
Misc.
Total Loan Closing
$8,054

Rental Income
Monthly Market Rent
$2,200
Potential Gross Rent
$26,400
Vacancy Factor
%
$1,320
Effective Gross Rent
$25,080
Property Taxes
%
$5,043
Hazard Insurance
%
$1,591
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,134
Net Operating Income
$17,946
Annual Loan Payment
$22,196
Net Cash Flow After Debt Service
$-4,250
Debt Coverage Ratio
0.81
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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.