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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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$129,355

Cash Out Proceeds

$-3,184

Annual Net Cash Flow

$2,106

New Loan Payment

0.87

Debt Service Coverage

Refinance Cost

New Loan Amount
$308,768
Current Loan Payoff
$164,700
Loan Points
$6,175
Loan Closing Costs
$8,538
Total Refinance Cost
$179,413
Total Cash Out Proceeds
$129,355

Loan Terms

New Loan Amount
$308,768
Monthly Loan Payment
$2,106
Interest Rate
7.25%
Property Net Cash Flow
$22,092
Annual Loan Payment
$25,276
Debt Coverage Ratio
0.87

Closing Costs

Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,161
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)
$1,811
Misc.
Total Loan Closing
$8,538

Rental Income

Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$4,096
Hazard Insurance
%
$1,811
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,408
Net Operating Income
$22,092
Annual Loan Payment
$25,276
Net Cash Flow After Debt Service
$-3,184
Debt Coverage Ratio
0.87
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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.