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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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$115,254

Cash Out Proceeds

$-3,036

Annual Net Cash Flow

$1,885

New Loan Payment

0.87

Debt Service Coverage

Refinance Cost
New Loan Amount
$276,300
Current Loan Payoff
$147,400
Loan Points
$5,526
Loan Closing Costs
$8,120
Total Refinance Cost
$161,046
Total Cash Out Proceeds
$115,254

Loan Terms
New Loan Amount
$276,300
Monthly Loan Payment
$1,885
Interest Rate
7.25%
Property Net Cash Flow
$19,582
Annual Loan Payment
$22,618
Debt Coverage Ratio
0.87

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,934
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)
$1,621
Misc.
Total Loan Closing
$8,120

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$6,797
Hazard Insurance
%
$1,621
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,918
Net Operating Income
$19,582
Annual Loan Payment
$22,618
Net Cash Flow After Debt Service
$-3,036
Debt Coverage Ratio
0.87
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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.