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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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$307,410

Cash Out Proceeds

$-45,692

Annual Net Cash Flow

$4,906

New Loan Payment

0.22

Debt Service Coverage

Refinance Cost
New Loan Amount
$719,213
Current Loan Payoff
$383,600
Loan Points
$14,384
Loan Closing Costs
$13,819
Total Refinance Cost
$411,803
Total Cash Out Proceeds
$307,410

Loan Terms
New Loan Amount
$719,213
Monthly Loan Payment
$4,906
Interest Rate
7.25%
Property Net Cash Flow
$13,184
Annual Loan Payment
$58,876
Debt Coverage Ratio
0.22

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$5,034
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)
$4,219
Misc.
Total Loan Closing
$13,819

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$10,596
Hazard Insurance
%
$4,219
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$15,316
Net Operating Income
$13,184
Annual Loan Payment
$58,876
Net Cash Flow After Debt Service
$-45,692
Debt Coverage Ratio
0.22
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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.