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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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$184,935

Cash Out Proceeds

$-1,290

Annual Net Cash Flow

$2,979

New Loan Payment

0.96

Debt Service Coverage

Refinance Cost
New Loan Amount
$436,755
Current Loan Payoff
$232,900
Loan Points
$8,735
Loan Closing Costs
$10,185
Total Refinance Cost
$251,820
Total Cash Out Proceeds
$184,935

Loan Terms
New Loan Amount
$436,755
Monthly Loan Payment
$2,979
Interest Rate
7.25%
Property Net Cash Flow
$34,463
Annual Loan Payment
$35,753
Debt Coverage Ratio
0.96

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,057
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)
$2,562
Misc.
Total Loan Closing
$10,185

Rental Income
Monthly Market Rent
$3,800
Potential Gross Rent
$45,600
Vacancy Factor
%
$2,280
Effective Gross Rent
$43,320
Property Taxes
%
$5,794
Hazard Insurance
%
$2,562
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,857
Net Operating Income
$34,463
Annual Loan Payment
$35,753
Net Cash Flow After Debt Service
$-1,290
Debt Coverage Ratio
0.96
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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.