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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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$211,554

Cash Out Proceeds

$-22,304

Annual Net Cash Flow

$3,398

New Loan Payment

0.45

Debt Service Coverage

Refinance Cost
New Loan Amount
$498,090
Current Loan Payoff
$265,600
Loan Points
$9,962
Loan Closing Costs
$10,974
Total Refinance Cost
$286,536
Total Cash Out Proceeds
$211,554

Loan Terms
New Loan Amount
$498,090
Monthly Loan Payment
$3,398
Interest Rate
7.25%
Property Net Cash Flow
$18,470
Annual Loan Payment
$40,774
Debt Coverage Ratio
0.45

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,487
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)
$2,922
Misc.
Total Loan Closing
$10,974

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$6,608
Hazard Insurance
%
$2,922
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$10,030
Net Operating Income
$18,470
Annual Loan Payment
$40,774
Net Cash Flow After Debt Service
$-22,304
Debt Coverage Ratio
0.45
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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.