129975

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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$225,754

Cash Out Proceeds

$-16,548

Annual Net Cash Flow

$3,622

New Loan Payment

0.62

Debt Service Coverage

Refinance Cost
New Loan Amount
$530,970
Current Loan Payoff
$283,200
Loan Points
$10,619
Loan Closing Costs
$11,397
Total Refinance Cost
$305,216
Total Cash Out Proceeds
$225,754

Loan Terms
New Loan Amount
$530,970
Monthly Loan Payment
$3,622
Interest Rate
7.25%
Property Net Cash Flow
$26,918
Annual Loan Payment
$43,466
Debt Coverage Ratio
0.62

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,717
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)
$3,115
Misc.
Total Loan Closing
$11,397

Rental Income
Monthly Market Rent
$3,200
Potential Gross Rent
$38,400
Vacancy Factor
%
$1,920
Effective Gross Rent
$36,480
Property Taxes
%
$5,947
Hazard Insurance
%
$3,115
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$9,562
Net Operating Income
$26,918
Annual Loan Payment
$43,466
Net Cash Flow After Debt Service
$-16,548
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.