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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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$128,186

Cash Out Proceeds

$-2,015

Annual Net Cash Flow

$2,088

New Loan Payment

0.92

Debt Service Coverage

Refinance Cost
New Loan Amount
$306,008
Current Loan Payoff
$163,200
Loan Points
$6,120
Loan Closing Costs
$8,502
Total Refinance Cost
$177,822
Total Cash Out Proceeds
$128,186

Loan Terms
New Loan Amount
$306,008
Monthly Loan Payment
$2,088
Interest Rate
7.25%
Property Net Cash Flow
$23,035
Annual Loan Payment
$25,050
Debt Coverage Ratio
0.92

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,142
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)
$1,795
Misc.
Total Loan Closing
$8,502

Rental Income
Monthly Market Rent
$2,800
Potential Gross Rent
$33,600
Vacancy Factor
%
$1,680
Effective Gross Rent
$31,920
Property Taxes
%
$6,589
Hazard Insurance
%
$1,795
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,885
Net Operating Income
$23,035
Annual Loan Payment
$25,050
Net Cash Flow After Debt Service
$-2,015
Debt Coverage Ratio
0.92
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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.