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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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$85,684

Cash Out Proceeds

$-6,152

Annual Net Cash Flow

$1,420

New Loan Payment

0.64

Debt Service Coverage

Refinance Cost
New Loan Amount
$208,088
Current Loan Payoff
$111,000
Loan Points
$4,162
Loan Closing Costs
$7,242
Total Refinance Cost
$122,404
Total Cash Out Proceeds
$85,684

Loan Terms
New Loan Amount
$208,088
Monthly Loan Payment
$1,420
Interest Rate
7.25%
Property Net Cash Flow
$10,882
Annual Loan Payment
$17,034
Debt Coverage Ratio
0.64

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,457
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)
$1,221
Misc.
Total Loan Closing
$7,242

Rental Income
Monthly Market Rent
$1,400
Potential Gross Rent
$16,800
Vacancy Factor
%
$840
Effective Gross Rent
$15,960
Property Taxes
%
$3,357
Hazard Insurance
%
$1,221
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,078
Net Operating Income
$10,882
Annual Loan Payment
$17,034
Net Cash Flow After Debt Service
$-6,152
Debt Coverage Ratio
0.64
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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.