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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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$177,300

Cash Out Proceeds

$-12,072

Annual Net Cash Flow

$2,861

New Loan Payment

0.65

Debt Service Coverage

Refinance Cost
New Loan Amount
$419,348
Current Loan Payoff
$223,700
Loan Points
$8,387
Loan Closing Costs
$9,961
Total Refinance Cost
$242,048
Total Cash Out Proceeds
$177,300

Loan Terms
New Loan Amount
$419,348
Monthly Loan Payment
$2,861
Interest Rate
7.25%
Property Net Cash Flow
$22,256
Annual Loan Payment
$34,328
Debt Coverage Ratio
0.65

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,935
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)
$2,460
Misc.
Total Loan Closing
$9,961

Rental Income
Monthly Market Rent
$2,700
Potential Gross Rent
$32,400
Vacancy Factor
%
$1,620
Effective Gross Rent
$30,780
Property Taxes
%
$5,563
Hazard Insurance
%
$2,460
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,524
Net Operating Income
$22,256
Annual Loan Payment
$34,328
Net Cash Flow After Debt Service
$-12,072
Debt Coverage Ratio
0.65
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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.