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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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$429,179

Cash Out Proceeds

$-56,212

Annual Net Cash Flow

$6,821

New Loan Payment

0.31

Debt Service Coverage

Refinance Cost
New Loan Amount
$999,908
Current Loan Payoff
$533,300
Loan Points
$19,998
Loan Closing Costs
$17,430
Total Refinance Cost
$570,729
Total Cash Out Proceeds
$429,179

Loan Terms
New Loan Amount
$999,908
Monthly Loan Payment
$6,821
Interest Rate
7.25%
Property Net Cash Flow
$25,642
Annual Loan Payment
$81,854
Debt Coverage Ratio
0.31

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$6,999
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)
$5,866
Misc.
Total Loan Closing
$17,430

Rental Income
Monthly Market Rent
$4,100
Potential Gross Rent
$49,200
Vacancy Factor
%
$2,460
Effective Gross Rent
$46,740
Property Taxes
%
$14,732
Hazard Insurance
%
$5,866
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$21,098
Net Operating Income
$25,642
Annual Loan Payment
$81,854
Net Cash Flow After Debt Service
$-56,212
Debt Coverage Ratio
0.31
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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.