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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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$130,539

Cash Out Proceeds

$-3,464

Annual Net Cash Flow

$2,125

New Loan Payment

0.86

Debt Service Coverage

Refinance Cost
New Loan Amount
$311,543
Current Loan Payoff
$166,200
Loan Points
$6,231
Loan Closing Costs
$8,574
Total Refinance Cost
$181,004
Total Cash Out Proceeds
$130,539

Loan Terms
New Loan Amount
$311,543
Monthly Loan Payment
$2,125
Interest Rate
7.25%
Property Net Cash Flow
$22,039
Annual Loan Payment
$25,503
Debt Coverage Ratio
0.86

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,181
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)
$1,828
Misc.
Total Loan Closing
$8,574

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$4,133
Hazard Insurance
%
$1,828
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,461
Net Operating Income
$22,039
Annual Loan Payment
$25,503
Net Cash Flow After Debt Service
$-3,464
Debt Coverage Ratio
0.86
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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.