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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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$143,704

Cash Out Proceeds

$-8,788

Annual Net Cash Flow

$2,331

New Loan Payment

0.69

Debt Service Coverage

Refinance Cost
New Loan Amount
$341,700
Current Loan Payoff
$182,200
Loan Points
$6,834
Loan Closing Costs
$8,962
Total Refinance Cost
$197,996
Total Cash Out Proceeds
$143,704

Loan Terms
New Loan Amount
$341,700
Monthly Loan Payment
$2,331
Interest Rate
7.25%
Property Net Cash Flow
$19,184
Annual Loan Payment
$27,972
Debt Coverage Ratio
0.69

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,392
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)
$2,005
Misc.
Total Loan Closing
$8,962

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$6,811
Hazard Insurance
%
$2,005
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$9,316
Net Operating Income
$19,184
Annual Loan Payment
$27,972
Net Cash Flow After Debt Service
$-8,788
Debt Coverage Ratio
0.69
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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.