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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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$373,559

Cash Out Proceeds

$-60,034

Annual Net Cash Flow

$5,946

New Loan Payment

0.16

Debt Service Coverage

Refinance Cost
New Loan Amount
$871,673
Current Loan Payoff
$464,900
Loan Points
$17,433
Loan Closing Costs
$15,781
Total Refinance Cost
$498,114
Total Cash Out Proceeds
$373,559

Loan Terms
New Loan Amount
$871,673
Monthly Loan Payment
$5,946
Interest Rate
7.25%
Property Net Cash Flow
$11,322
Annual Loan Payment
$71,356
Debt Coverage Ratio
0.16

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$6,102
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)
$5,114
Misc.
Total Loan Closing
$15,781

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$11,564
Hazard Insurance
%
$5,114
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$17,178
Net Operating Income
$11,322
Annual Loan Payment
$71,356
Net Cash Flow After Debt Service
$-60,034
Debt Coverage Ratio
0.16
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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.