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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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$135,231

Cash Out Proceeds

$-3,398

Annual Net Cash Flow

$2,198

New Loan Payment

0.87

Debt Service Coverage

Refinance Cost
New Loan Amount
$322,185
Current Loan Payoff
$171,800
Loan Points
$6,444
Loan Closing Costs
$8,710
Total Refinance Cost
$186,954
Total Cash Out Proceeds
$135,231

Loan Terms
New Loan Amount
$322,185
Monthly Loan Payment
$2,198
Interest Rate
7.25%
Property Net Cash Flow
$22,976
Annual Loan Payment
$26,374
Debt Coverage Ratio
0.87

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,255
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)
$1,890
Misc.
Total Loan Closing
$8,710

Rental Income
Monthly Market Rent
$2,600
Potential Gross Rent
$31,200
Vacancy Factor
%
$1,560
Effective Gross Rent
$29,640
Property Taxes
%
$4,274
Hazard Insurance
%
$1,890
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,664
Net Operating Income
$22,976
Annual Loan Payment
$26,374
Net Cash Flow After Debt Service
$-3,398
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.