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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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$231,359

Cash Out Proceeds

$-26,931

Annual Net Cash Flow

$3,710

New Loan Payment

0.4

Debt Service Coverage

Refinance Cost

New Loan Amount
$543,900
Current Loan Payoff
$290,100
Loan Points
$10,878
Loan Closing Costs
$11,563
Total Refinance Cost
$312,541
Total Cash Out Proceeds
$231,359

Loan Terms

New Loan Amount
$543,900
Monthly Loan Payment
$3,710
Interest Rate
7.25%
Property Net Cash Flow
$17,593
Annual Loan Payment
$44,524
Debt Coverage Ratio
0.4

Closing Costs

Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,807
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)
$3,191
Misc.
Total Loan Closing
$11,563

Rental Income

Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$7,216
Hazard Insurance
%
$3,191
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$10,907
Net Operating Income
$17,593
Annual Loan Payment
$44,524
Net Cash Flow After Debt Service
$-26,931
Debt Coverage Ratio
0.4
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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.