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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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$110,944

Cash Out Proceeds

$-2,510

Annual Net Cash Flow

$1,817

New Loan Payment

0.88

Debt Service Coverage

Refinance Cost
New Loan Amount
$266,363
Current Loan Payoff
$142,100
Loan Points
$5,327
Loan Closing Costs
$7,992
Total Refinance Cost
$155,419
Total Cash Out Proceeds
$110,944

Loan Terms
New Loan Amount
$266,363
Monthly Loan Payment
$1,817
Interest Rate
7.25%
Property Net Cash Flow
$19,295
Annual Loan Payment
$21,805
Debt Coverage Ratio
0.88

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,865
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)
$1,563
Misc.
Total Loan Closing
$7,992

Rental Income
Monthly Market Rent
$2,400
Potential Gross Rent
$28,800
Vacancy Factor
%
$1,440
Effective Gross Rent
$27,360
Property Taxes
%
$6,002
Hazard Insurance
%
$1,563
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,065
Net Operating Income
$19,295
Annual Loan Payment
$21,805
Net Cash Flow After Debt Service
$-2,510
Debt Coverage Ratio
0.88
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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.