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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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$167,774

Cash Out Proceeds

$-12,115

Annual Net Cash Flow

$2,710

New Loan Payment

0.63

Debt Service Coverage

Refinance Cost
New Loan Amount
$397,193
Current Loan Payoff
$211,800
Loan Points
$7,944
Loan Closing Costs
$9,676
Total Refinance Cost
$229,419
Total Cash Out Proceeds
$167,774

Loan Terms
New Loan Amount
$397,193
Monthly Loan Payment
$2,710
Interest Rate
7.25%
Property Net Cash Flow
$20,400
Annual Loan Payment
$32,515
Debt Coverage Ratio
0.63

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,780
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)
$2,330
Misc.
Total Loan Closing
$9,676

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$5,269
Hazard Insurance
%
$2,330
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,100
Net Operating Income
$20,400
Annual Loan Payment
$32,515
Net Cash Flow After Debt Service
$-12,115
Debt Coverage Ratio
0.63
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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.