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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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$184,780

Cash Out Proceeds

$-16,887

Annual Net Cash Flow

$2,977

New Loan Payment

0.53

Debt Service Coverage

Refinance Cost
New Loan Amount
$436,388
Current Loan Payoff
$232,700
Loan Points
$8,728
Loan Closing Costs
$10,180
Total Refinance Cost
$251,608
Total Cash Out Proceeds
$184,780

Loan Terms
New Loan Amount
$436,388
Monthly Loan Payment
$2,977
Interest Rate
7.25%
Property Net Cash Flow
$18,836
Annual Loan Payment
$35,723
Debt Coverage Ratio
0.53

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,055
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)
$2,560
Misc.
Total Loan Closing
$10,180

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$6,604
Hazard Insurance
%
$2,560
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$9,664
Net Operating Income
$18,836
Annual Loan Payment
$35,723
Net Cash Flow After Debt Service
$-16,887
Debt Coverage Ratio
0.53
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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.