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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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$252,529

Cash Out Proceeds

$-20,299

Annual Net Cash Flow

$4,043

New Loan Payment

0.58

Debt Service Coverage

Refinance Cost
New Loan Amount
$592,673
Current Loan Payoff
$316,100
Loan Points
$11,853
Loan Closing Costs
$12,191
Total Refinance Cost
$340,144
Total Cash Out Proceeds
$252,529

Loan Terms
New Loan Amount
$592,673
Monthly Loan Payment
$4,043
Interest Rate
7.25%
Property Net Cash Flow
$28,218
Annual Loan Payment
$48,517
Debt Coverage Ratio
0.58

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$4,149
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)
$3,477
Misc.
Total Loan Closing
$12,191

Rental Income
Monthly Market Rent
$3,500
Potential Gross Rent
$42,000
Vacancy Factor
%
$2,100
Effective Gross Rent
$39,900
Property Taxes
%
$7,705
Hazard Insurance
%
$3,477
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$11,682
Net Operating Income
$28,218
Annual Loan Payment
$48,517
Net Cash Flow After Debt Service
$-20,299
Debt Coverage Ratio
0.58
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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.