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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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$298,329

Cash Out Proceeds

$-36,374

Annual Net Cash Flow

$4,763

New Loan Payment

0.36

Debt Service Coverage

Refinance Cost
New Loan Amount
$698,243
Current Loan Payoff
$372,400
Loan Points
$13,965
Loan Closing Costs
$13,549
Total Refinance Cost
$399,914
Total Cash Out Proceeds
$298,329

Loan Terms
New Loan Amount
$698,243
Monthly Loan Payment
$4,763
Interest Rate
7.25%
Property Net Cash Flow
$20,785
Annual Loan Payment
$57,159
Debt Coverage Ratio
0.36

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$4,888
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)
$4,096
Misc.
Total Loan Closing
$13,549

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,119
Hazard Insurance
%
$4,096
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,715
Net Operating Income
$20,785
Annual Loan Payment
$57,159
Net Cash Flow After Debt Service
$-36,374
Debt Coverage Ratio
0.36
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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.