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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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$139,433

Cash Out Proceeds

$-3,142

Annual Net Cash Flow

$2,352

New Loan Payment

0.89

Debt Service Coverage

Refinance Cost
New Loan Amount
$344,805
Current Loan Payoff
$183,900
Loan Points
$6,896
Loan Closing Costs
$14,576
Total Refinance Cost
$205,372
Total Cash Out Proceeds
$139,433

Loan Terms
New Loan Amount
$344,805
Monthly Loan Payment
$2,352
Interest Rate
7.25%
Property Net Cash Flow
$25,084
Annual Loan Payment
$28,226
Debt Coverage Ratio
0.89

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$1,896
Title - Lender's Policy
%
$2,414
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)
$5,701
Misc.
Total Loan Closing
$14,576

Rental Income
Monthly Market Rent
$3,200
Potential Gross Rent
$38,400
Vacancy Factor
%
$1,920
Effective Gross Rent
$36,480
Property Taxes
%
$5,195
Hazard Insurance
%
$5,701
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$11,396
Net Operating Income
$25,084
Annual Loan Payment
$28,226
Net Cash Flow After Debt Service
$-3,142
Debt Coverage Ratio
0.89
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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.