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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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$232,232

Cash Out Proceeds

$-14,405

Annual Net Cash Flow

$3,724

New Loan Payment

0.68

Debt Service Coverage

Refinance Cost
New Loan Amount
$545,940
Current Loan Payoff
$291,200
Loan Points
$10,919
Loan Closing Costs
$11,589
Total Refinance Cost
$313,708
Total Cash Out Proceeds
$232,232

Loan Terms
New Loan Amount
$545,940
Monthly Loan Payment
$3,724
Interest Rate
7.25%
Property Net Cash Flow
$30,286
Annual Loan Payment
$44,691
Debt Coverage Ratio
0.68

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,822
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)
$3,203
Misc.
Total Loan Closing
$11,589

Rental Income
Monthly Market Rent
$4,300
Potential Gross Rent
$51,600
Vacancy Factor
%
$2,580
Effective Gross Rent
$49,020
Property Taxes
%
$15,032
Hazard Insurance
%
$3,203
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$18,734
Net Operating Income
$30,286
Annual Loan Payment
$44,691
Net Cash Flow After Debt Service
$-14,405
Debt Coverage Ratio
0.68
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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.