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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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$335,234

Cash Out Proceeds

$-44,221

Annual Net Cash Flow

$5,344

New Loan Payment

0.31

Debt Service Coverage

Refinance Cost
New Loan Amount
$783,345
Current Loan Payoff
$417,800
Loan Points
$15,667
Loan Closing Costs
$14,644
Total Refinance Cost
$448,111
Total Cash Out Proceeds
$335,234

Loan Terms
New Loan Amount
$783,345
Monthly Loan Payment
$5,344
Interest Rate
7.25%
Property Net Cash Flow
$19,905
Annual Loan Payment
$64,126
Debt Coverage Ratio
0.31

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$5,483
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)
$4,596
Misc.
Total Loan Closing
$14,644

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,499
Hazard Insurance
%
$4,596
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,595
Net Operating Income
$19,905
Annual Loan Payment
$64,126
Net Cash Flow After Debt Service
$-44,221
Debt Coverage Ratio
0.31
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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.