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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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$550,972

Cash Out Proceeds

$-54,607

Annual Net Cash Flow

$8,737

New Loan Payment

0.48

Debt Service Coverage

Refinance Cost
New Loan Amount
$1,280,730
Current Loan Payoff
$683,100
Loan Points
$25,615
Loan Closing Costs
$21,044
Total Refinance Cost
$729,758
Total Cash Out Proceeds
$550,972

Loan Terms
New Loan Amount
$1,280,730
Monthly Loan Payment
$8,737
Interest Rate
7.25%
Property Net Cash Flow
$50,235
Annual Loan Payment
$104,842
Debt Coverage Ratio
0.48

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$8,965
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)
$7,514
Misc.
Total Loan Closing
$21,044

Rental Income
Monthly Market Rent
$6,600
Potential Gross Rent
$79,200
Vacancy Factor
%
$3,960
Effective Gross Rent
$75,240
Property Taxes
%
$16,991
Hazard Insurance
%
$7,514
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$25,005
Net Operating Income
$50,235
Annual Loan Payment
$104,842
Net Cash Flow After Debt Service
$-54,607
Debt Coverage Ratio
0.48
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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.