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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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$138,014

Cash Out Proceeds

$-4,679

Annual Net Cash Flow

$2,243

New Loan Payment

0.83

Debt Service Coverage

Refinance Cost
New Loan Amount
$328,785
Current Loan Payoff
$175,400
Loan Points
$6,576
Loan Closing Costs
$8,795
Total Refinance Cost
$190,771
Total Cash Out Proceeds
$138,014

Loan Terms
New Loan Amount
$328,785
Monthly Loan Payment
$2,243
Interest Rate
7.25%
Property Net Cash Flow
$22,236
Annual Loan Payment
$26,915
Debt Coverage Ratio
0.83

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,301
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)
$1,929
Misc.
Total Loan Closing
$8,795

Rental Income
Monthly Market Rent
$2,600
Potential Gross Rent
$31,200
Vacancy Factor
%
$1,560
Effective Gross Rent
$29,640
Property Taxes
%
$4,976
Hazard Insurance
%
$1,929
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,404
Net Operating Income
$22,236
Annual Loan Payment
$26,915
Net Cash Flow After Debt Service
$-4,679
Debt Coverage Ratio
0.83
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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.