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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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$158,331

Cash Out Proceeds

$-10,468

Annual Net Cash Flow

$2,561

New Loan Payment

0.66

Debt Service Coverage

Refinance Cost
New Loan Amount
$375,435
Current Loan Payoff
$200,200
Loan Points
$7,509
Loan Closing Costs
$9,396
Total Refinance Cost
$217,104
Total Cash Out Proceeds
$158,331

Loan Terms
New Loan Amount
$375,435
Monthly Loan Payment
$2,561
Interest Rate
7.25%
Property Net Cash Flow
$20,266
Annual Loan Payment
$30,734
Debt Coverage Ratio
0.66

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,628
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)
$2,203
Misc.
Total Loan Closing
$9,396

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$5,531
Hazard Insurance
%
$2,203
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,234
Net Operating Income
$20,266
Annual Loan Payment
$30,734
Net Cash Flow After Debt Service
$-10,468
Debt Coverage Ratio
0.66
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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.