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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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$159,410

Cash Out Proceeds

$-4,560

Annual Net Cash Flow

$2,578

New Loan Payment

0.85

Debt Service Coverage

Refinance Cost
New Loan Amount
$377,895
Current Loan Payoff
$201,500
Loan Points
$7,558
Loan Closing Costs
$9,427
Total Refinance Cost
$218,485
Total Cash Out Proceeds
$159,410

Loan Terms
New Loan Amount
$377,895
Monthly Loan Payment
$2,578
Interest Rate
7.25%
Property Net Cash Flow
$26,375
Annual Loan Payment
$30,935
Debt Coverage Ratio
0.85

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,645
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)
$2,217
Misc.
Total Loan Closing
$9,427

Rental Income
Monthly Market Rent
$2,700
Potential Gross Rent
$32,400
Vacancy Factor
%
$1,620
Effective Gross Rent
$30,780
Property Taxes
%
$1,688
Hazard Insurance
%
$2,217
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,405
Net Operating Income
$26,375
Annual Loan Payment
$30,935
Net Cash Flow After Debt Service
$-4,560
Debt Coverage Ratio
0.85
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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.