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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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$163,699

Cash Out Proceeds

$-6,607

Annual Net Cash Flow

$2,646

New Loan Payment

0.79

Debt Service Coverage

Refinance Cost
New Loan Amount
$387,810
Current Loan Payoff
$206,800
Loan Points
$7,756
Loan Closing Costs
$9,555
Total Refinance Cost
$224,111
Total Cash Out Proceeds
$163,699

Loan Terms
New Loan Amount
$387,810
Monthly Loan Payment
$2,646
Interest Rate
7.25%
Property Net Cash Flow
$25,140
Annual Loan Payment
$31,747
Debt Coverage Ratio
0.79

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,715
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)
$2,275
Misc.
Total Loan Closing
$9,555

Rental Income
Monthly Market Rent
$2,900
Potential Gross Rent
$34,800
Vacancy Factor
%
$1,740
Effective Gross Rent
$33,060
Property Taxes
%
$5,145
Hazard Insurance
%
$2,275
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,920
Net Operating Income
$25,140
Annual Loan Payment
$31,747
Net Cash Flow After Debt Service
$-6,607
Debt Coverage Ratio
0.79
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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.