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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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$204,789

Cash Out Proceeds

$-28,355

Annual Net Cash Flow

$3,292

New Loan Payment

0.28

Debt Service Coverage

Refinance Cost
New Loan Amount
$482,513
Current Loan Payoff
$257,300
Loan Points
$9,650
Loan Closing Costs
$10,773
Total Refinance Cost
$277,724
Total Cash Out Proceeds
$204,789

Loan Terms
New Loan Amount
$482,513
Monthly Loan Payment
$3,292
Interest Rate
7.25%
Property Net Cash Flow
$11,144
Annual Loan Payment
$39,499
Debt Coverage Ratio
0.28

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,378
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)
$2,831
Misc.
Total Loan Closing
$10,773

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$14,025
Hazard Insurance
%
$2,831
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$17,356
Net Operating Income
$11,144
Annual Loan Payment
$39,499
Net Cash Flow After Debt Service
$-28,355
Debt Coverage Ratio
0.28
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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.