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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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$199,830

Cash Out Proceeds

$-13,808

Annual Net Cash Flow

$3,215

New Loan Payment

0.64

Debt Service Coverage

Refinance Cost
New Loan Amount
$471,285
Current Loan Payoff
$251,400
Loan Points
$9,426
Loan Closing Costs
$10,629
Total Refinance Cost
$271,455
Total Cash Out Proceeds
$199,830

Loan Terms
New Loan Amount
$471,285
Monthly Loan Payment
$3,215
Interest Rate
7.25%
Property Net Cash Flow
$24,772
Annual Loan Payment
$38,580
Debt Coverage Ratio
0.64

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,299
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)
$2,765
Misc.
Total Loan Closing
$10,629

Rental Income
Monthly Market Rent
$3,300
Potential Gross Rent
$39,600
Vacancy Factor
%
$1,980
Effective Gross Rent
$37,620
Property Taxes
%
$9,583
Hazard Insurance
%
$2,765
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$12,848
Net Operating Income
$24,772
Annual Loan Payment
$38,580
Net Cash Flow After Debt Service
$-13,808
Debt Coverage Ratio
0.64
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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.