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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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$277,035

Cash Out Proceeds

$-20,469

Annual Net Cash Flow

$4,429

New Loan Payment

0.61

Debt Service Coverage

Refinance Cost
New Loan Amount
$649,238
Current Loan Payoff
$346,300
Loan Points
$12,985
Loan Closing Costs
$12,919
Total Refinance Cost
$372,203
Total Cash Out Proceeds
$277,035

Loan Terms
New Loan Amount
$649,238
Monthly Loan Payment
$4,429
Interest Rate
7.25%
Property Net Cash Flow
$32,678
Annual Loan Payment
$53,147
Debt Coverage Ratio
0.61

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$4,545
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)
$3,809
Misc.
Total Loan Closing
$12,919

Rental Income
Monthly Market Rent
$4,000
Potential Gross Rent
$48,000
Vacancy Factor
%
$2,400
Effective Gross Rent
$45,600
Property Taxes
%
$8,613
Hazard Insurance
%
$3,809
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$12,922
Net Operating Income
$32,678
Annual Loan Payment
$53,147
Net Cash Flow After Debt Service
$-20,469
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.