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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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$452,353

Cash Out Proceeds

$-55,267

Annual Net Cash Flow

$7,186

New Loan Payment

0.36

Debt Service Coverage

Refinance Cost
New Loan Amount
$1,053,338
Current Loan Payoff
$561,800
Loan Points
$21,067
Loan Closing Costs
$18,118
Total Refinance Cost
$600,985
Total Cash Out Proceeds
$452,353

Loan Terms
New Loan Amount
$1,053,338
Monthly Loan Payment
$7,186
Interest Rate
7.25%
Property Net Cash Flow
$30,960
Annual Loan Payment
$86,227
Debt Coverage Ratio
0.36

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$7,373
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)
$6,180
Misc.
Total Loan Closing
$18,118

Rental Income
Monthly Market Rent
$4,700
Potential Gross Rent
$56,400
Vacancy Factor
%
$2,820
Effective Gross Rent
$53,580
Property Taxes
%
$15,941
Hazard Insurance
%
$6,180
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$22,620
Net Operating Income
$30,960
Annual Loan Payment
$86,227
Net Cash Flow After Debt Service
$-55,267
Debt Coverage Ratio
0.36
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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.