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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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$203,010

Cash Out Proceeds

$-12,507

Annual Net Cash Flow

$3,265

New Loan Payment

0.68

Debt Service Coverage

Refinance Cost
New Loan Amount
$478,605
Current Loan Payoff
$255,300
Loan Points
$9,572
Loan Closing Costs
$10,723
Total Refinance Cost
$275,595
Total Cash Out Proceeds
$203,010

Loan Terms
New Loan Amount
$478,605
Monthly Loan Payment
$3,265
Interest Rate
7.25%
Property Net Cash Flow
$26,672
Annual Loan Payment
$39,179
Debt Coverage Ratio
0.68

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,350
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)
$2,808
Misc.
Total Loan Closing
$10,723

Rental Income
Monthly Market Rent
$3,100
Potential Gross Rent
$37,200
Vacancy Factor
%
$1,860
Effective Gross Rent
$35,340
Property Taxes
%
$5,360
Hazard Insurance
%
$2,808
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,668
Net Operating Income
$26,672
Annual Loan Payment
$39,179
Net Cash Flow After Debt Service
$-12,507
Debt Coverage Ratio
0.68
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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.