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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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$127,551

Cash Out Proceeds

$-3,334

Annual Net Cash Flow

$2,078

New Loan Payment

0.87

Debt Service Coverage

Refinance Cost
New Loan Amount
$304,628
Current Loan Payoff
$162,500
Loan Points
$6,093
Loan Closing Costs
$8,485
Total Refinance Cost
$177,077
Total Cash Out Proceeds
$127,551

Loan Terms
New Loan Amount
$304,628
Monthly Loan Payment
$2,078
Interest Rate
7.25%
Property Net Cash Flow
$21,603
Annual Loan Payment
$24,937
Debt Coverage Ratio
0.87

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,132
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)
$1,787
Misc.
Total Loan Closing
$8,485

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$4,610
Hazard Insurance
%
$1,787
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,897
Net Operating Income
$21,603
Annual Loan Payment
$24,937
Net Cash Flow After Debt Service
$-3,334
Debt Coverage Ratio
0.87
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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.