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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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$193,855

Cash Out Proceeds

$-18,201

Annual Net Cash Flow

$3,121

New Loan Payment

0.51

Debt Service Coverage

Refinance Cost
New Loan Amount
$457,455
Current Loan Payoff
$244,000
Loan Points
$9,149
Loan Closing Costs
$10,451
Total Refinance Cost
$263,600
Total Cash Out Proceeds
$193,855

Loan Terms
New Loan Amount
$457,455
Monthly Loan Payment
$3,121
Interest Rate
7.25%
Property Net Cash Flow
$19,247
Annual Loan Payment
$37,448
Debt Coverage Ratio
0.51

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,202
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)
$2,684
Misc.
Total Loan Closing
$10,451

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$6,069
Hazard Insurance
%
$2,684
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$9,253
Net Operating Income
$19,247
Annual Loan Payment
$37,448
Net Cash Flow After Debt Service
$-18,201
Debt Coverage Ratio
0.51
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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.