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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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$136,066

Cash Out Proceeds

$-4,731

Annual Net Cash Flow

$2,211

New Loan Payment

0.82

Debt Service Coverage

Refinance Cost
New Loan Amount
$324,083
Current Loan Payoff
$172,800
Loan Points
$6,482
Loan Closing Costs
$8,735
Total Refinance Cost
$188,017
Total Cash Out Proceeds
$136,066

Loan Terms
New Loan Amount
$324,083
Monthly Loan Payment
$2,211
Interest Rate
7.25%
Property Net Cash Flow
$21,799
Annual Loan Payment
$26,530
Debt Coverage Ratio
0.82

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,269
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)
$1,901
Misc.
Total Loan Closing
$8,735

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$4,299
Hazard Insurance
%
$1,901
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,701
Net Operating Income
$21,799
Annual Loan Payment
$26,530
Net Cash Flow After Debt Service
$-4,731
Debt Coverage Ratio
0.82
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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.