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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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$140,628

Cash Out Proceeds

$-2,372

Annual Net Cash Flow

$2,283

New Loan Payment

0.91

Debt Service Coverage

Refinance Cost
New Loan Amount
$334,590
Current Loan Payoff
$178,400
Loan Points
$6,692
Loan Closing Costs
$8,870
Total Refinance Cost
$193,962
Total Cash Out Proceeds
$140,628

Loan Terms
New Loan Amount
$334,590
Monthly Loan Payment
$2,283
Interest Rate
7.25%
Property Net Cash Flow
$25,018
Annual Loan Payment
$27,390
Debt Coverage Ratio
0.91

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,342
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)
$1,963
Misc.
Total Loan Closing
$8,870

Rental Income
Monthly Market Rent
$2,800
Potential Gross Rent
$33,600
Vacancy Factor
%
$1,680
Effective Gross Rent
$31,920
Property Taxes
%
$4,439
Hazard Insurance
%
$1,963
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,902
Net Operating Income
$25,018
Annual Loan Payment
$27,390
Net Cash Flow After Debt Service
$-2,372
Debt Coverage Ratio
0.91
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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.