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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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$277,633

Cash Out Proceeds

$-13,740

Annual Net Cash Flow

$4,438

New Loan Payment

0.74

Debt Service Coverage

Refinance Cost
New Loan Amount
$650,580
Current Loan Payoff
$347,000
Loan Points
$13,012
Loan Closing Costs
$12,936
Total Refinance Cost
$372,947
Total Cash Out Proceeds
$277,633

Loan Terms
New Loan Amount
$650,580
Monthly Loan Payment
$4,438
Interest Rate
7.25%
Property Net Cash Flow
$39,517
Annual Loan Payment
$53,257
Debt Coverage Ratio
0.74

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$4,554
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)
$3,817
Misc.
Total Loan Closing
$12,936

Rental Income
Monthly Market Rent
$4,100
Potential Gross Rent
$49,200
Vacancy Factor
%
$2,460
Effective Gross Rent
$46,740
Property Taxes
%
$2,906
Hazard Insurance
%
$3,817
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,223
Net Operating Income
$39,517
Annual Loan Payment
$53,257
Net Cash Flow After Debt Service
$-13,740
Debt Coverage Ratio
0.74
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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.