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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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$180,552

Cash Out Proceeds

$-10,797

Annual Net Cash Flow

$2,911

New Loan Payment

0.69

Debt Service Coverage

Refinance Cost
New Loan Amount
$426,743
Current Loan Payoff
$227,600
Loan Points
$8,535
Loan Closing Costs
$10,056
Total Refinance Cost
$246,191
Total Cash Out Proceeds
$180,552

Loan Terms
New Loan Amount
$426,743
Monthly Loan Payment
$2,911
Interest Rate
7.25%
Property Net Cash Flow
$24,137
Annual Loan Payment
$34,934
Debt Coverage Ratio
0.69

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,987
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)
$2,504
Misc.
Total Loan Closing
$10,056

Rental Income
Monthly Market Rent
$2,800
Potential Gross Rent
$33,600
Vacancy Factor
%
$1,680
Effective Gross Rent
$31,920
Property Taxes
%
$4,780
Hazard Insurance
%
$2,504
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,783
Net Operating Income
$24,137
Annual Loan Payment
$34,934
Net Cash Flow After Debt Service
$-10,797
Debt Coverage Ratio
0.69
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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.