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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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$157,543

Cash Out Proceeds

$-13,171

Annual Net Cash Flow

$2,550

New Loan Payment

0.57

Debt Service Coverage

Refinance Cost
New Loan Amount
$373,793
Current Loan Payoff
$199,400
Loan Points
$7,476
Loan Closing Costs
$9,374
Total Refinance Cost
$216,250
Total Cash Out Proceeds
$157,543

Loan Terms
New Loan Amount
$373,793
Monthly Loan Payment
$2,550
Interest Rate
7.25%
Property Net Cash Flow
$17,428
Annual Loan Payment
$30,599
Debt Coverage Ratio
0.57

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,617
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)
$2,193
Misc.
Total Loan Closing
$9,374

Rental Income
Monthly Market Rent
$2,200
Potential Gross Rent
$26,400
Vacancy Factor
%
$1,320
Effective Gross Rent
$25,080
Property Taxes
%
$4,959
Hazard Insurance
%
$2,193
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,652
Net Operating Income
$17,428
Annual Loan Payment
$30,599
Net Cash Flow After Debt Service
$-13,171
Debt Coverage Ratio
0.57
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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.