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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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$171,126

Cash Out Proceeds

$-18,476

Annual Net Cash Flow

$2,764

New Loan Payment

0.44

Debt Service Coverage

Refinance Cost
New Loan Amount
$405,105
Current Loan Payoff
$216,100
Loan Points
$8,102
Loan Closing Costs
$9,777
Total Refinance Cost
$233,979
Total Cash Out Proceeds
$171,126

Loan Terms
New Loan Amount
$405,105
Monthly Loan Payment
$2,764
Interest Rate
7.25%
Property Net Cash Flow
$14,686
Annual Loan Payment
$33,162
Debt Coverage Ratio
0.44

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,836
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)
$2,377
Misc.
Total Loan Closing
$9,777

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$10,938
Hazard Insurance
%
$2,377
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$13,814
Net Operating Income
$14,686
Annual Loan Payment
$33,162
Net Cash Flow After Debt Service
$-18,476
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.