129974

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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$225,591

Cash Out Proceeds

$-16,510

Annual Net Cash Flow

$3,620

New Loan Payment

0.62

Debt Service Coverage

Refinance Cost
New Loan Amount
$530,595
Current Loan Payoff
$283,000
Loan Points
$10,612
Loan Closing Costs
$11,392
Total Refinance Cost
$305,004
Total Cash Out Proceeds
$225,591

Loan Terms
New Loan Amount
$530,595
Monthly Loan Payment
$3,620
Interest Rate
7.25%
Property Net Cash Flow
$26,925
Annual Loan Payment
$43,435
Debt Coverage Ratio
0.62

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,714
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)
$3,113
Misc.
Total Loan Closing
$11,392

Rental Income
Monthly Market Rent
$3,200
Potential Gross Rent
$38,400
Vacancy Factor
%
$1,920
Effective Gross Rent
$36,480
Property Taxes
%
$5,943
Hazard Insurance
%
$3,113
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$9,555
Net Operating Income
$26,925
Annual Loan Payment
$43,435
Net Cash Flow After Debt Service
$-16,510
Debt Coverage Ratio
0.62
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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.