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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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$279,874

Cash Out Proceeds

$-25,927

Annual Net Cash Flow

$4,474

New Loan Payment

0.52

Debt Service Coverage

Refinance Cost
New Loan Amount
$655,793
Current Loan Payoff
$349,800
Loan Points
$13,116
Loan Closing Costs
$13,003
Total Refinance Cost
$375,919
Total Cash Out Proceeds
$279,874

Loan Terms
New Loan Amount
$655,793
Monthly Loan Payment
$4,474
Interest Rate
7.25%
Property Net Cash Flow
$27,757
Annual Loan Payment
$53,684
Debt Coverage Ratio
0.52

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$4,591
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)
$3,847
Misc.
Total Loan Closing
$13,003

Rental Income
Monthly Market Rent
$4,400
Potential Gross Rent
$52,800
Vacancy Factor
%
$2,640
Effective Gross Rent
$50,160
Property Taxes
%
$18,056
Hazard Insurance
%
$3,847
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$22,403
Net Operating Income
$27,757
Annual Loan Payment
$53,684
Net Cash Flow After Debt Service
$-25,927
Debt Coverage Ratio
0.52
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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.