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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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$211,466

Cash Out Proceeds

$-6,588

Annual Net Cash Flow

$3,397

New Loan Payment

0.84

Debt Service Coverage

Refinance Cost
New Loan Amount
$497,895
Current Loan Payoff
$265,500
Loan Points
$9,958
Loan Closing Costs
$10,971
Total Refinance Cost
$286,429
Total Cash Out Proceeds
$211,466

Loan Terms
New Loan Amount
$497,895
Monthly Loan Payment
$3,397
Interest Rate
7.25%
Property Net Cash Flow
$34,170
Annual Loan Payment
$40,758
Debt Coverage Ratio
0.84

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,485
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)
$2,921
Misc.
Total Loan Closing
$10,971

Rental Income
Monthly Market Rent
$4,500
Potential Gross Rent
$54,000
Vacancy Factor
%
$2,700
Effective Gross Rent
$51,300
Property Taxes
%
$13,709
Hazard Insurance
%
$2,921
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$17,130
Net Operating Income
$34,170
Annual Loan Payment
$40,758
Net Cash Flow After Debt Service
$-6,588
Debt Coverage Ratio
0.84
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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.