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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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$260,138

Cash Out Proceeds

$-16,533

Annual Net Cash Flow

$4,163

New Loan Payment

0.67

Debt Service Coverage

Refinance Cost
New Loan Amount
$610,260
Current Loan Payoff
$325,500
Loan Points
$12,205
Loan Closing Costs
$12,417
Total Refinance Cost
$350,122
Total Cash Out Proceeds
$260,138

Loan Terms
New Loan Amount
$610,260
Monthly Loan Payment
$4,163
Interest Rate
7.25%
Property Net Cash Flow
$33,424
Annual Loan Payment
$49,957
Debt Coverage Ratio
0.67

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$4,272
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)
$3,580
Misc.
Total Loan Closing
$12,417

Rental Income
Monthly Market Rent
$4,000
Potential Gross Rent
$48,000
Vacancy Factor
%
$2,400
Effective Gross Rent
$45,600
Property Taxes
%
$8,096
Hazard Insurance
%
$3,580
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$12,176
Net Operating Income
$33,424
Annual Loan Payment
$49,957
Net Cash Flow After Debt Service
$-16,533
Debt Coverage Ratio
0.67
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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.