154703

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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$184,684

Cash Out Proceeds

$-13,773

Annual Net Cash Flow

$2,976

New Loan Payment

0.61

Debt Service Coverage

Refinance Cost
New Loan Amount
$436,185
Current Loan Payoff
$232,600
Loan Points
$8,724
Loan Closing Costs
$10,177
Total Refinance Cost
$251,501
Total Cash Out Proceeds
$184,684

Loan Terms
New Loan Amount
$436,185
Monthly Loan Payment
$2,976
Interest Rate
7.25%
Property Net Cash Flow
$21,934
Annual Loan Payment
$35,707
Debt Coverage Ratio
0.61

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,053
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)
$2,559
Misc.
Total Loan Closing
$10,177

Rental Income
Monthly Market Rent
$2,700
Potential Gross Rent
$32,400
Vacancy Factor
%
$1,620
Effective Gross Rent
$30,780
Property Taxes
%
$5,787
Hazard Insurance
%
$2,559
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,846
Net Operating Income
$21,934
Annual Loan Payment
$35,707
Net Cash Flow After Debt Service
$-13,773
Debt Coverage Ratio
0.61
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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.