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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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$163,730

Cash Out Proceeds

$-10,041

Annual Net Cash Flow

$2,647

New Loan Payment

0.68

Debt Service Coverage

Refinance Cost
New Loan Amount
$387,945
Current Loan Payoff
$206,900
Loan Points
$7,759
Loan Closing Costs
$9,557
Total Refinance Cost
$224,215
Total Cash Out Proceeds
$163,730

Loan Terms
New Loan Amount
$387,945
Monthly Loan Payment
$2,647
Interest Rate
7.25%
Property Net Cash Flow
$21,717
Annual Loan Payment
$31,758
Debt Coverage Ratio
0.68

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,716
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)
$2,276
Misc.
Total Loan Closing
$9,557

Rental Income
Monthly Market Rent
$2,600
Potential Gross Rent
$31,200
Vacancy Factor
%
$1,560
Effective Gross Rent
$29,640
Property Taxes
%
$5,147
Hazard Insurance
%
$2,276
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,923
Net Operating Income
$21,717
Annual Loan Payment
$31,758
Net Cash Flow After Debt Service
$-10,041
Debt Coverage Ratio
0.68
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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.