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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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$150,369

Cash Out Proceeds

$-8,073

Annual Net Cash Flow

$2,437

New Loan Payment

0.72

Debt Service Coverage

Refinance Cost
New Loan Amount
$357,173
Current Loan Payoff
$190,500
Loan Points
$7,143
Loan Closing Costs
$9,161
Total Refinance Cost
$206,804
Total Cash Out Proceeds
$150,369

Loan Terms
New Loan Amount
$357,173
Monthly Loan Payment
$2,437
Interest Rate
7.25%
Property Net Cash Flow
$21,166
Annual Loan Payment
$29,239
Debt Coverage Ratio
0.72

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,500
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)
$2,095
Misc.
Total Loan Closing
$9,161

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$4,738
Hazard Insurance
%
$2,095
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,334
Net Operating Income
$21,166
Annual Loan Payment
$29,239
Net Cash Flow After Debt Service
$-8,073
Debt Coverage Ratio
0.72
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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.