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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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$155,827

Cash Out Proceeds

$-10,492

Annual Net Cash Flow

$2,523

New Loan Payment

0.65

Debt Service Coverage

Refinance Cost

New Loan Amount
$369,848
Current Loan Payoff
$197,300
Loan Points
$7,397
Loan Closing Costs
$9,324
Total Refinance Cost
$214,021
Total Cash Out Proceeds
$155,827

Loan Terms

New Loan Amount
$369,848
Monthly Loan Payment
$2,523
Interest Rate
7.25%
Property Net Cash Flow
$19,784
Annual Loan Payment
$30,276
Debt Coverage Ratio
0.65

Closing Costs

Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,589
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)
$2,170
Misc.
Total Loan Closing
$9,324

Rental Income

Monthly Market Rent
$2,400
Potential Gross Rent
$28,800
Vacancy Factor
%
$1,440
Effective Gross Rent
$27,360
Property Taxes
%
$4,907
Hazard Insurance
%
$2,170
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,576
Net Operating Income
$19,784
Annual Loan Payment
$30,276
Net Cash Flow After Debt Service
$-10,492
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.