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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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$126,647

Cash Out Proceeds

$-8,686

Annual Net Cash Flow

$2,063

New Loan Payment

0.65

Debt Service Coverage

Refinance Cost
New Loan Amount
$302,453
Current Loan Payoff
$161,300
Loan Points
$6,049
Loan Closing Costs
$8,457
Total Refinance Cost
$175,806
Total Cash Out Proceeds
$126,647

Loan Terms
New Loan Amount
$302,453
Monthly Loan Payment
$2,063
Interest Rate
7.25%
Property Net Cash Flow
$16,073
Annual Loan Payment
$24,759
Debt Coverage Ratio
0.65

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,117
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)
$1,774
Misc.
Total Loan Closing
$8,457

Rental Income
Monthly Market Rent
$2,400
Potential Gross Rent
$28,800
Vacancy Factor
%
$1,440
Effective Gross Rent
$27,360
Property Taxes
%
$9,013
Hazard Insurance
%
$1,774
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$11,287
Net Operating Income
$16,073
Annual Loan Payment
$24,759
Net Cash Flow After Debt Service
$-8,686
Debt Coverage Ratio
0.65
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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.