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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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$132,565

Cash Out Proceeds

$-6,216

Annual Net Cash Flow

$2,157

New Loan Payment

0.76

Debt Service Coverage

Refinance Cost
New Loan Amount
$316,223
Current Loan Payoff
$168,700
Loan Points
$6,324
Loan Closing Costs
$8,634
Total Refinance Cost
$183,658
Total Cash Out Proceeds
$132,565

Loan Terms
New Loan Amount
$316,223
Monthly Loan Payment
$2,157
Interest Rate
7.25%
Property Net Cash Flow
$19,670
Annual Loan Payment
$25,886
Debt Coverage Ratio
0.76

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,214
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)
$1,855
Misc.
Total Loan Closing
$8,634

Rental Income
Monthly Market Rent
$2,300
Potential Gross Rent
$27,600
Vacancy Factor
%
$1,380
Effective Gross Rent
$26,220
Property Taxes
%
$4,195
Hazard Insurance
%
$1,855
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,550
Net Operating Income
$19,670
Annual Loan Payment
$25,886
Net Cash Flow After Debt Service
$-6,216
Debt Coverage Ratio
0.76
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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.