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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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$183,146

Cash Out Proceeds

$-9,100

Annual Net Cash Flow

$2,951

New Loan Payment

0.74

Debt Service Coverage

Refinance Cost
New Loan Amount
$432,630
Current Loan Payoff
$230,700
Loan Points
$8,653
Loan Closing Costs
$10,132
Total Refinance Cost
$249,484
Total Cash Out Proceeds
$183,146

Loan Terms
New Loan Amount
$432,630
Monthly Loan Payment
$2,951
Interest Rate
7.25%
Property Net Cash Flow
$26,316
Annual Loan Payment
$35,416
Debt Coverage Ratio
0.74

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,028
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)
$2,538
Misc.
Total Loan Closing
$10,132

Rental Income
Monthly Market Rent
$3,000
Potential Gross Rent
$36,000
Vacancy Factor
%
$1,800
Effective Gross Rent
$34,200
Property Taxes
%
$4,845
Hazard Insurance
%
$2,538
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,884
Net Operating Income
$26,316
Annual Loan Payment
$35,416
Net Cash Flow After Debt Service
$-9,100
Debt Coverage Ratio
0.74
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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.