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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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$203,061

Cash Out Proceeds

$-20,341

Annual Net Cash Flow

$3,265

New Loan Payment

0.48

Debt Service Coverage

Refinance Cost
New Loan Amount
$478,658
Current Loan Payoff
$255,300
Loan Points
$9,573
Loan Closing Costs
$10,724
Total Refinance Cost
$275,597
Total Cash Out Proceeds
$203,061

Loan Terms
New Loan Amount
$478,658
Monthly Loan Payment
$3,265
Interest Rate
7.25%
Property Net Cash Flow
$18,842
Annual Loan Payment
$39,183
Debt Coverage Ratio
0.48

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,351
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)
$2,808
Misc.
Total Loan Closing
$10,724

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$6,350
Hazard Insurance
%
$2,808
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$9,658
Net Operating Income
$18,842
Annual Loan Payment
$39,183
Net Cash Flow After Debt Service
$-20,341
Debt Coverage Ratio
0.48
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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.