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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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$220,142

Cash Out Proceeds

$-26,599

Annual Net Cash Flow

$3,534

New Loan Payment

0.37

Debt Service Coverage

Refinance Cost
New Loan Amount
$518,033
Current Loan Payoff
$276,300
Loan Points
$10,361
Loan Closing Costs
$11,230
Total Refinance Cost
$297,891
Total Cash Out Proceeds
$220,142

Loan Terms
New Loan Amount
$518,033
Monthly Loan Payment
$3,534
Interest Rate
7.25%
Property Net Cash Flow
$15,808
Annual Loan Payment
$42,407
Debt Coverage Ratio
0.37

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,626
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)
$3,039
Misc.
Total Loan Closing
$11,230

Rental Income
Monthly Market Rent
$2,300
Potential Gross Rent
$27,600
Vacancy Factor
%
$1,380
Effective Gross Rent
$26,220
Property Taxes
%
$6,873
Hazard Insurance
%
$3,039
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$10,412
Net Operating Income
$15,808
Annual Loan Payment
$42,407
Net Cash Flow After Debt Service
$-26,599
Debt Coverage Ratio
0.37
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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.