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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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$180,632

Cash Out Proceeds

$-14,993

Annual Net Cash Flow

$2,912

New Loan Payment

0.57

Debt Service Coverage

Refinance Cost
New Loan Amount
$426,825
Current Loan Payoff
$227,600
Loan Points
$8,537
Loan Closing Costs
$10,057
Total Refinance Cost
$246,193
Total Cash Out Proceeds
$180,632

Loan Terms
New Loan Amount
$426,825
Monthly Loan Payment
$2,912
Interest Rate
7.25%
Property Net Cash Flow
$19,947
Annual Loan Payment
$34,940
Debt Coverage Ratio
0.57

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,988
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)
$2,504
Misc.
Total Loan Closing
$10,057

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$5,549
Hazard Insurance
%
$2,504
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,553
Net Operating Income
$19,947
Annual Loan Payment
$34,940
Net Cash Flow After Debt Service
$-14,993
Debt Coverage Ratio
0.57
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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.