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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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$152,737

Cash Out Proceeds

$-11,970

Annual Net Cash Flow

$2,474

New Loan Payment

0.6

Debt Service Coverage

Refinance Cost
New Loan Amount
$362,723
Current Loan Payoff
$193,500
Loan Points
$7,254
Loan Closing Costs
$9,232
Total Refinance Cost
$209,986
Total Cash Out Proceeds
$152,737

Loan Terms
New Loan Amount
$362,723
Monthly Loan Payment
$2,474
Interest Rate
7.25%
Property Net Cash Flow
$17,723
Annual Loan Payment
$29,693
Debt Coverage Ratio
0.6

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,539
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)
$2,128
Misc.
Total Loan Closing
$9,232

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$8,149
Hazard Insurance
%
$2,128
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$10,777
Net Operating Income
$17,723
Annual Loan Payment
$29,693
Net Cash Flow After Debt Service
$-11,970
Debt Coverage Ratio
0.6
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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.