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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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$287,354

Cash Out Proceeds

$-39,953

Annual Net Cash Flow

$4,590

New Loan Payment

0.27

Debt Service Coverage

Refinance Cost
New Loan Amount
$672,833
Current Loan Payoff
$358,800
Loan Points
$13,457
Loan Closing Costs
$13,222
Total Refinance Cost
$385,479
Total Cash Out Proceeds
$287,354

Loan Terms
New Loan Amount
$672,833
Monthly Loan Payment
$4,590
Interest Rate
7.25%
Property Net Cash Flow
$15,126
Annual Loan Payment
$55,079
Debt Coverage Ratio
0.27

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$4,710
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)
$3,947
Misc.
Total Loan Closing
$13,222

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$8,926
Hazard Insurance
%
$3,947
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$13,374
Net Operating Income
$15,126
Annual Loan Payment
$55,079
Net Cash Flow After Debt Service
$-39,953
Debt Coverage Ratio
0.27
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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.