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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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$173,075

Cash Out Proceeds

$-9,927

Annual Net Cash Flow

$2,793

New Loan Payment

0.7

Debt Service Coverage

Refinance Cost
New Loan Amount
$409,395
Current Loan Payoff
$218,300
Loan Points
$8,188
Loan Closing Costs
$9,833
Total Refinance Cost
$236,320
Total Cash Out Proceeds
$173,075

Loan Terms
New Loan Amount
$409,395
Monthly Loan Payment
$2,793
Interest Rate
7.25%
Property Net Cash Flow
$23,587
Annual Loan Payment
$33,514
Debt Coverage Ratio
0.7

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,866
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)
$2,402
Misc.
Total Loan Closing
$9,833

Rental Income
Monthly Market Rent
$2,800
Potential Gross Rent
$33,600
Vacancy Factor
%
$1,680
Effective Gross Rent
$31,920
Property Taxes
%
$5,431
Hazard Insurance
%
$2,402
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,333
Net Operating Income
$23,587
Annual Loan Payment
$33,514
Net Cash Flow After Debt Service
$-9,927
Debt Coverage Ratio
0.7
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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.