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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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$162,547

Cash Out Proceeds

$-12,051

Annual Net Cash Flow

$2,628

New Loan Payment

0.62

Debt Service Coverage

Refinance Cost
New Loan Amount
$385,275
Current Loan Payoff
$205,500
Loan Points
$7,706
Loan Closing Costs
$9,522
Total Refinance Cost
$222,728
Total Cash Out Proceeds
$162,547

Loan Terms
New Loan Amount
$385,275
Monthly Loan Payment
$2,628
Interest Rate
7.25%
Property Net Cash Flow
$19,488
Annual Loan Payment
$31,539
Debt Coverage Ratio
0.62

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,697
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)
$2,260
Misc.
Total Loan Closing
$9,522

Rental Income
Monthly Market Rent
$2,400
Potential Gross Rent
$28,800
Vacancy Factor
%
$1,440
Effective Gross Rent
$27,360
Property Taxes
%
$5,111
Hazard Insurance
%
$2,260
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,872
Net Operating Income
$19,488
Annual Loan Payment
$31,539
Net Cash Flow After Debt Service
$-12,051
Debt Coverage Ratio
0.62
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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.