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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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$239,966

Cash Out Proceeds

$-29,576

Annual Net Cash Flow

$3,846

New Loan Payment

0.36

Debt Service Coverage

Refinance Cost
New Loan Amount
$563,760
Current Loan Payoff
$300,700
Loan Points
$11,275
Loan Closing Costs
$11,819
Total Refinance Cost
$323,794
Total Cash Out Proceeds
$239,966

Loan Terms
New Loan Amount
$563,760
Monthly Loan Payment
$3,846
Interest Rate
7.25%
Property Net Cash Flow
$16,574
Annual Loan Payment
$46,150
Debt Coverage Ratio
0.36

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,946
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)
$3,307
Misc.
Total Loan Closing
$11,819

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$8,118
Hazard Insurance
%
$3,307
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$11,926
Net Operating Income
$16,574
Annual Loan Payment
$46,150
Net Cash Flow After Debt Service
$-29,576
Debt Coverage Ratio
0.36
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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.