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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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$216,785

Cash Out Proceeds

$-23,540

Annual Net Cash Flow

$3,481

New Loan Payment

0.44

Debt Service Coverage

Refinance Cost
New Loan Amount
$510,323
Current Loan Payoff
$272,200
Loan Points
$10,206
Loan Closing Costs
$11,131
Total Refinance Cost
$293,538
Total Cash Out Proceeds
$216,785

Loan Terms
New Loan Amount
$510,323
Monthly Loan Payment
$3,481
Interest Rate
7.25%
Property Net Cash Flow
$18,236
Annual Loan Payment
$41,776
Debt Coverage Ratio
0.44

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,572
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)
$2,994
Misc.
Total Loan Closing
$11,131

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$6,770
Hazard Insurance
%
$2,994
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$10,264
Net Operating Income
$18,236
Annual Loan Payment
$41,776
Net Cash Flow After Debt Service
$-23,540
Debt Coverage Ratio
0.44
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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.