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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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$128,039

Cash Out Proceeds

$-4,527

Annual Net Cash Flow

$2,086

New Loan Payment

0.82

Debt Service Coverage

Refinance Cost
New Loan Amount
$305,753
Current Loan Payoff
$163,100
Loan Points
$6,115
Loan Closing Costs
$8,499
Total Refinance Cost
$177,714
Total Cash Out Proceeds
$128,039

Loan Terms
New Loan Amount
$305,753
Monthly Loan Payment
$2,086
Interest Rate
7.25%
Property Net Cash Flow
$20,502
Annual Loan Payment
$25,029
Debt Coverage Ratio
0.82

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,140
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)
$1,794
Misc.
Total Loan Closing
$8,499

Rental Income
Monthly Market Rent
$2,300
Potential Gross Rent
$27,600
Vacancy Factor
%
$1,380
Effective Gross Rent
$26,220
Property Taxes
%
$3,424
Hazard Insurance
%
$1,794
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,718
Net Operating Income
$20,502
Annual Loan Payment
$25,029
Net Cash Flow After Debt Service
$-4,527
Debt Coverage Ratio
0.82
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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.