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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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$185,966

Cash Out Proceeds

$-15,224

Annual Net Cash Flow

$2,997

New Loan Payment

0.58

Debt Service Coverage

Refinance Cost
New Loan Amount
$439,268
Current Loan Payoff
$234,300
Loan Points
$8,785
Loan Closing Costs
$10,217
Total Refinance Cost
$253,302
Total Cash Out Proceeds
$185,966

Loan Terms
New Loan Amount
$439,268
Monthly Loan Payment
$2,997
Interest Rate
7.25%
Property Net Cash Flow
$20,735
Annual Loan Payment
$35,959
Debt Coverage Ratio
0.58

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,075
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)
$2,577
Misc.
Total Loan Closing
$10,217

Rental Income
Monthly Market Rent
$2,600
Potential Gross Rent
$31,200
Vacancy Factor
%
$1,560
Effective Gross Rent
$29,640
Property Taxes
%
$5,828
Hazard Insurance
%
$2,577
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,905
Net Operating Income
$20,735
Annual Loan Payment
$35,959
Net Cash Flow After Debt Service
$-15,224
Debt Coverage Ratio
0.58
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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.