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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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$302,352

Cash Out Proceeds

$385

Annual Net Cash Flow

$4,827

New Loan Payment

1.01

Debt Service Coverage

Refinance Cost
New Loan Amount
$707,573
Current Loan Payoff
$377,400
Loan Points
$14,151
Loan Closing Costs
$13,669
Total Refinance Cost
$405,221
Total Cash Out Proceeds
$302,352

Loan Terms
New Loan Amount
$707,573
Monthly Loan Payment
$4,827
Interest Rate
7.25%
Property Net Cash Flow
$58,308
Annual Loan Payment
$57,923
Debt Coverage Ratio
1.01

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$4,953
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)
$4,151
Misc.
Total Loan Closing
$13,669

Rental Income
Monthly Market Rent
$5,800
Potential Gross Rent
$69,600
Vacancy Factor
%
$3,480
Effective Gross Rent
$66,120
Property Taxes
%
$3,160
Hazard Insurance
%
$4,151
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,812
Net Operating Income
$58,308
Annual Loan Payment
$57,923
Net Cash Flow After Debt Service
$385
Debt Coverage Ratio
1.01
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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.