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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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$122,197

Cash Out Proceeds

$-4,917

Annual Net Cash Flow

$1,994

New Loan Payment

0.79

Debt Service Coverage

Refinance Cost
New Loan Amount
$292,268
Current Loan Payoff
$155,900
Loan Points
$5,845
Loan Closing Costs
$8,326
Total Refinance Cost
$170,071
Total Cash Out Proceeds
$122,197

Loan Terms
New Loan Amount
$292,268
Monthly Loan Payment
$1,994
Interest Rate
7.25%
Property Net Cash Flow
$19,008
Annual Loan Payment
$23,925
Debt Coverage Ratio
0.79

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,046
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)
$1,715
Misc.
Total Loan Closing
$8,326

Rental Income
Monthly Market Rent
$2,400
Potential Gross Rent
$28,800
Vacancy Factor
%
$1,440
Effective Gross Rent
$27,360
Property Taxes
%
$6,138
Hazard Insurance
%
$1,715
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,352
Net Operating Income
$19,008
Annual Loan Payment
$23,925
Net Cash Flow After Debt Service
$-4,917
Debt Coverage Ratio
0.79
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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.