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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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$198,070

Cash Out Proceeds

$-12,344

Annual Net Cash Flow

$3,187

New Loan Payment

0.68

Debt Service Coverage

Refinance Cost
New Loan Amount
$467,190
Current Loan Payoff
$249,200
Loan Points
$9,344
Loan Closing Costs
$10,576
Total Refinance Cost
$269,120
Total Cash Out Proceeds
$198,070

Loan Terms
New Loan Amount
$467,190
Monthly Loan Payment
$3,187
Interest Rate
7.25%
Property Net Cash Flow
$25,901
Annual Loan Payment
$38,245
Debt Coverage Ratio
0.68

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,270
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)
$2,741
Misc.
Total Loan Closing
$10,576

Rental Income
Monthly Market Rent
$3,100
Potential Gross Rent
$37,200
Vacancy Factor
%
$1,860
Effective Gross Rent
$35,340
Property Taxes
%
$6,198
Hazard Insurance
%
$2,741
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$9,439
Net Operating Income
$25,901
Annual Loan Payment
$38,245
Net Cash Flow After Debt Service
$-12,344
Debt Coverage Ratio
0.68
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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.