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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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$169,165

Cash Out Proceeds

$-10,755

Annual Net Cash Flow

$2,732

New Loan Payment

0.67

Debt Service Coverage

Refinance Cost
New Loan Amount
$400,493
Current Loan Payoff
$213,600
Loan Points
$8,010
Loan Closing Costs
$9,718
Total Refinance Cost
$231,328
Total Cash Out Proceeds
$169,165

Loan Terms
New Loan Amount
$400,493
Monthly Loan Payment
$2,732
Interest Rate
7.25%
Property Net Cash Flow
$22,030
Annual Loan Payment
$32,785
Debt Coverage Ratio
0.67

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,803
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)
$2,350
Misc.
Total Loan Closing
$9,718

Rental Income
Monthly Market Rent
$2,700
Potential Gross Rent
$32,400
Vacancy Factor
%
$1,620
Effective Gross Rent
$30,780
Property Taxes
%
$5,901
Hazard Insurance
%
$2,350
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,750
Net Operating Income
$22,030
Annual Loan Payment
$32,785
Net Cash Flow After Debt Service
$-10,755
Debt Coverage Ratio
0.67
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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.