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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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$202,063

Cash Out Proceeds

$-20,112

Annual Net Cash Flow

$3,250

New Loan Payment

0.48

Debt Service Coverage

Refinance Cost
New Loan Amount
$476,385
Current Loan Payoff
$254,100
Loan Points
$9,528
Loan Closing Costs
$10,694
Total Refinance Cost
$274,322
Total Cash Out Proceeds
$202,063

Loan Terms
New Loan Amount
$476,385
Monthly Loan Payment
$3,250
Interest Rate
7.25%
Property Net Cash Flow
$18,885
Annual Loan Payment
$38,997
Debt Coverage Ratio
0.48

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,335
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)
$2,795
Misc.
Total Loan Closing
$10,694

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$6,320
Hazard Insurance
%
$2,795
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$9,615
Net Operating Income
$18,885
Annual Loan Payment
$38,997
Net Cash Flow After Debt Service
$-20,112
Debt Coverage Ratio
0.48
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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.