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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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$219,300

Cash Out Proceeds

$-7,990

Annual Net Cash Flow

$3,521

New Loan Payment

0.81

Debt Service Coverage

Refinance Cost
New Loan Amount
$516,128
Current Loan Payoff
$275,300
Loan Points
$10,323
Loan Closing Costs
$11,206
Total Refinance Cost
$296,828
Total Cash Out Proceeds
$219,300

Loan Terms
New Loan Amount
$516,128
Monthly Loan Payment
$3,521
Interest Rate
7.25%
Property Net Cash Flow
$34,261
Annual Loan Payment
$42,251
Debt Coverage Ratio
0.81

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,613
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)
$3,028
Misc.
Total Loan Closing
$11,206

Rental Income
Monthly Market Rent
$4,000
Potential Gross Rent
$48,000
Vacancy Factor
%
$2,400
Effective Gross Rent
$45,600
Property Taxes
%
$7,811
Hazard Insurance
%
$3,028
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$11,339
Net Operating Income
$34,261
Annual Loan Payment
$42,251
Net Cash Flow After Debt Service
$-7,990
Debt Coverage Ratio
0.81
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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.