139684

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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$132,934

Cash Out Proceeds

$78

Annual Net Cash Flow

$2,163

New Loan Payment

1

Debt Service Coverage

Refinance Cost
New Loan Amount
$317,018
Current Loan Payoff
$169,100
Loan Points
$6,340
Loan Closing Costs
$8,644
Total Refinance Cost
$184,084
Total Cash Out Proceeds
$132,934

Loan Terms
New Loan Amount
$317,018
Monthly Loan Payment
$2,163
Interest Rate
7.25%
Property Net Cash Flow
$26,029
Annual Loan Payment
$25,951
Debt Coverage Ratio
1

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,219
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)
$1,860
Misc.
Total Loan Closing
$8,644

Rental Income
Monthly Market Rent
$2,900
Potential Gross Rent
$34,800
Vacancy Factor
%
$1,740
Effective Gross Rent
$33,060
Property Taxes
%
$4,671
Hazard Insurance
%
$1,860
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,031
Net Operating Income
$26,029
Annual Loan Payment
$25,951
Net Cash Flow After Debt Service
$78
Debt Coverage Ratio
1
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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.