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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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$234,820

Cash Out Proceeds

$-27,741

Annual Net Cash Flow

$3,765

New Loan Payment

0.39

Debt Service Coverage

Refinance Cost
New Loan Amount
$551,925
Current Loan Payoff
$294,400
Loan Points
$11,039
Loan Closing Costs
$11,666
Total Refinance Cost
$317,105
Total Cash Out Proceeds
$234,820

Loan Terms
New Loan Amount
$551,925
Monthly Loan Payment
$3,765
Interest Rate
7.25%
Property Net Cash Flow
$17,440
Annual Loan Payment
$45,181
Debt Coverage Ratio
0.39

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,863
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)
$3,238
Misc.
Total Loan Closing
$11,666

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$7,322
Hazard Insurance
%
$3,238
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$11,060
Net Operating Income
$17,440
Annual Loan Payment
$45,181
Net Cash Flow After Debt Service
$-27,741
Debt Coverage Ratio
0.39
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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.