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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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$212,205

Cash Out Proceeds

$-16,756

Annual Net Cash Flow

$3,408

New Loan Payment

0.59

Debt Service Coverage

Refinance Cost
New Loan Amount
$499,590
Current Loan Payoff
$266,400
Loan Points
$9,992
Loan Closing Costs
$10,993
Total Refinance Cost
$287,385
Total Cash Out Proceeds
$212,205

Loan Terms
New Loan Amount
$499,590
Monthly Loan Payment
$3,408
Interest Rate
7.25%
Property Net Cash Flow
$24,141
Annual Loan Payment
$40,897
Debt Coverage Ratio
0.59

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,497
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)
$2,931
Misc.
Total Loan Closing
$10,993

Rental Income
Monthly Market Rent
$3,000
Potential Gross Rent
$36,000
Vacancy Factor
%
$1,800
Effective Gross Rent
$34,200
Property Taxes
%
$6,628
Hazard Insurance
%
$2,931
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$10,059
Net Operating Income
$24,141
Annual Loan Payment
$40,897
Net Cash Flow After Debt Service
$-16,756
Debt Coverage Ratio
0.59
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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.