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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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$343,026

Cash Out Proceeds

$-52,919

Annual Net Cash Flow

$5,466

New Loan Payment

0.19

Debt Service Coverage

Refinance Cost
New Loan Amount
$801,225
Current Loan Payoff
$427,300
Loan Points
$16,025
Loan Closing Costs
$14,874
Total Refinance Cost
$458,199
Total Cash Out Proceeds
$343,026

Loan Terms
New Loan Amount
$801,225
Monthly Loan Payment
$5,466
Interest Rate
7.25%
Property Net Cash Flow
$12,670
Annual Loan Payment
$65,589
Debt Coverage Ratio
0.19

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$5,609
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)
$4,701
Misc.
Total Loan Closing
$14,874

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$10,630
Hazard Insurance
%
$4,701
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$15,830
Net Operating Income
$12,670
Annual Loan Payment
$65,589
Net Cash Flow After Debt Service
$-52,919
Debt Coverage Ratio
0.19
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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.