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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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$169,541

Cash Out Proceeds

$-10,248

Annual Net Cash Flow

$2,738

New Loan Payment

0.69

Debt Service Coverage

Refinance Cost
New Loan Amount
$401,295
Current Loan Payoff
$214,000
Loan Points
$8,026
Loan Closing Costs
$9,728
Total Refinance Cost
$231,754
Total Cash Out Proceeds
$169,541

Loan Terms
New Loan Amount
$401,295
Monthly Loan Payment
$2,738
Interest Rate
7.25%
Property Net Cash Flow
$22,602
Annual Loan Payment
$32,850
Debt Coverage Ratio
0.69

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,809
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)
$2,354
Misc.
Total Loan Closing
$9,728

Rental Income
Monthly Market Rent
$2,700
Potential Gross Rent
$32,400
Vacancy Factor
%
$1,620
Effective Gross Rent
$30,780
Property Taxes
%
$5,324
Hazard Insurance
%
$2,354
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,178
Net Operating Income
$22,602
Annual Loan Payment
$32,850
Net Cash Flow After Debt Service
$-10,248
Debt Coverage Ratio
0.69
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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.