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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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$127,616

Cash Out Proceeds

$-10,753

Annual Net Cash Flow

$2,079

New Loan Payment

0.57

Debt Service Coverage

Refinance Cost

New Loan Amount
$304,695
Current Loan Payoff
$162,500
Loan Points
$6,094
Loan Closing Costs
$8,485
Total Refinance Cost
$177,079
Total Cash Out Proceeds
$127,616

Loan Terms

New Loan Amount
$304,695
Monthly Loan Payment
$2,079
Interest Rate
7.25%
Property Net Cash Flow
$14,190
Annual Loan Payment
$24,943
Debt Coverage Ratio
0.57

Closing Costs

Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,133
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)
$1,788
Misc.
Total Loan Closing
$8,485

Rental Income

Monthly Market Rent
$1,800
Potential Gross Rent
$21,600
Vacancy Factor
%
$1,080
Effective Gross Rent
$20,520
Property Taxes
%
$4,042
Hazard Insurance
%
$1,788
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,330
Net Operating Income
$14,190
Annual Loan Payment
$24,943
Net Cash Flow After Debt Service
$-10,753
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.