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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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$276,004

Cash Out Proceeds

$-6,545

Annual Net Cash Flow

$4,412

New Loan Payment

0.88

Debt Service Coverage

Refinance Cost

New Loan Amount
$646,725
Current Loan Payoff
$344,900
Loan Points
$12,935
Loan Closing Costs
$12,886
Total Refinance Cost
$370,721
Total Cash Out Proceeds
$276,004

Loan Terms

New Loan Amount
$646,725
Monthly Loan Payment
$4,412
Interest Rate
7.25%
Property Net Cash Flow
$46,397
Annual Loan Payment
$52,942
Debt Coverage Ratio
0.88

Closing Costs

Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$4,527
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)
$3,794
Misc.
Total Loan Closing
$12,886

Rental Income

Monthly Market Rent
$4,700
Potential Gross Rent
$56,400
Vacancy Factor
%
$2,820
Effective Gross Rent
$53,580
Property Taxes
%
$2,889
Hazard Insurance
%
$3,794
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,183
Net Operating Income
$46,397
Annual Loan Payment
$52,942
Net Cash Flow After Debt Service
$-6,545
Debt Coverage Ratio
0.88
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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.