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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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$200,577

Cash Out Proceeds

$-5,643

Annual Net Cash Flow

$3,227

New Loan Payment

0.85

Debt Service Coverage

Refinance Cost
New Loan Amount
$472,988
Current Loan Payoff
$252,300
Loan Points
$9,460
Loan Closing Costs
$10,651
Total Refinance Cost
$272,411
Total Cash Out Proceeds
$200,577

Loan Terms
New Loan Amount
$472,988
Monthly Loan Payment
$3,227
Interest Rate
7.25%
Property Net Cash Flow
$33,076
Annual Loan Payment
$38,719
Debt Coverage Ratio
0.85

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,311
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)
$2,775
Misc.
Total Loan Closing
$10,651

Rental Income
Monthly Market Rent
$3,800
Potential Gross Rent
$45,600
Vacancy Factor
%
$2,280
Effective Gross Rent
$43,320
Property Taxes
%
$6,969
Hazard Insurance
%
$2,775
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$10,244
Net Operating Income
$33,076
Annual Loan Payment
$38,719
Net Cash Flow After Debt Service
$-5,643
Debt Coverage Ratio
0.85
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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.