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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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$192,847

Cash Out Proceeds

$-12,449

Annual Net Cash Flow

$3,104

New Loan Payment

0.67

Debt Service Coverage

Refinance Cost
New Loan Amount
$454,965
Current Loan Payoff
$242,600
Loan Points
$9,099
Loan Closing Costs
$10,419
Total Refinance Cost
$262,118
Total Cash Out Proceeds
$192,847

Loan Terms
New Loan Amount
$454,965
Monthly Loan Payment
$3,104
Interest Rate
7.25%
Property Net Cash Flow
$24,795
Annual Loan Payment
$37,244
Debt Coverage Ratio
0.67

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,185
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)
$2,669
Misc.
Total Loan Closing
$10,419

Rental Income
Monthly Market Rent
$2,900
Potential Gross Rent
$34,800
Vacancy Factor
%
$1,740
Effective Gross Rent
$33,060
Property Taxes
%
$5,096
Hazard Insurance
%
$2,669
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,265
Net Operating Income
$24,795
Annual Loan Payment
$37,244
Net Cash Flow After Debt Service
$-12,449
Debt Coverage Ratio
0.67
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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.