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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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$221,821

Cash Out Proceeds

$-10,170

Annual Net Cash Flow

$3,561

New Loan Payment

0.76

Debt Service Coverage

Refinance Cost
New Loan Amount
$521,940
Current Loan Payoff
$278,400
Loan Points
$10,439
Loan Closing Costs
$11,281
Total Refinance Cost
$300,119
Total Cash Out Proceeds
$221,821

Loan Terms
New Loan Amount
$521,940
Monthly Loan Payment
$3,561
Interest Rate
7.25%
Property Net Cash Flow
$32,557
Annual Loan Payment
$42,727
Debt Coverage Ratio
0.76

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,654
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)
$3,062
Misc.
Total Loan Closing
$11,281

Rental Income
Monthly Market Rent
$4,200
Potential Gross Rent
$50,400
Vacancy Factor
%
$2,520
Effective Gross Rent
$47,880
Property Taxes
%
$11,761
Hazard Insurance
%
$3,062
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$15,323
Net Operating Income
$32,557
Annual Loan Payment
$42,727
Net Cash Flow After Debt Service
$-10,170
Debt Coverage Ratio
0.76
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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.