129939

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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$311,654

Cash Out Proceeds

$-24,736

Annual Net Cash Flow

$4,973

New Loan Payment

0.59

Debt Service Coverage

Refinance Cost
New Loan Amount
$728,978
Current Loan Payoff
$388,800
Loan Points
$14,580
Loan Closing Costs
$13,945
Total Refinance Cost
$417,324
Total Cash Out Proceeds
$311,654

Loan Terms
New Loan Amount
$728,978
Monthly Loan Payment
$4,973
Interest Rate
7.25%
Property Net Cash Flow
$34,939
Annual Loan Payment
$59,675
Debt Coverage Ratio
0.59

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$5,103
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)
$4,277
Misc.
Total Loan Closing
$13,945

Rental Income
Monthly Market Rent
$4,200
Potential Gross Rent
$50,400
Vacancy Factor
%
$2,520
Effective Gross Rent
$47,880
Property Taxes
%
$8,165
Hazard Insurance
%
$4,277
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$12,941
Net Operating Income
$34,939
Annual Loan Payment
$59,675
Net Cash Flow After Debt Service
$-24,736
Debt Coverage Ratio
0.59
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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.