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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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$371,415

Cash Out Proceeds

$-5,785

Annual Net Cash Flow

$5,913

New Loan Payment

0.92

Debt Service Coverage

Refinance Cost
New Loan Amount
$866,768
Current Loan Payoff
$462,300
Loan Points
$17,335
Loan Closing Costs
$15,717
Total Refinance Cost
$495,353
Total Cash Out Proceeds
$371,415

Loan Terms
New Loan Amount
$866,768
Monthly Loan Payment
$5,913
Interest Rate
7.25%
Property Net Cash Flow
$65,170
Annual Loan Payment
$70,955
Debt Coverage Ratio
0.92

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$6,067
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)
$5,085
Misc.
Total Loan Closing
$15,717

Rental Income
Monthly Market Rent
$8,300
Potential Gross Rent
$99,600
Vacancy Factor
%
$4,980
Effective Gross Rent
$94,620
Property Taxes
%
$23,865
Hazard Insurance
%
$5,085
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$29,450
Net Operating Income
$65,170
Annual Loan Payment
$70,955
Net Cash Flow After Debt Service
$-5,785
Debt Coverage Ratio
0.92
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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.