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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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$178,103

Cash Out Proceeds

$-7,157

Annual Net Cash Flow

$2,872

New Loan Payment

0.79

Debt Service Coverage

Refinance Cost
New Loan Amount
$421,005
Current Loan Payoff
$224,500
Loan Points
$8,420
Loan Closing Costs
$9,982
Total Refinance Cost
$242,902
Total Cash Out Proceeds
$178,103

Loan Terms
New Loan Amount
$421,005
Monthly Loan Payment
$2,872
Interest Rate
7.25%
Property Net Cash Flow
$27,307
Annual Loan Payment
$34,464
Debt Coverage Ratio
0.79

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,947
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)
$2,470
Misc.
Total Loan Closing
$9,982

Rental Income
Monthly Market Rent
$3,200
Potential Gross Rent
$38,400
Vacancy Factor
%
$1,920
Effective Gross Rent
$36,480
Property Taxes
%
$6,203
Hazard Insurance
%
$2,470
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$9,173
Net Operating Income
$27,307
Annual Loan Payment
$34,464
Net Cash Flow After Debt Service
$-7,157
Debt Coverage Ratio
0.79
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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.