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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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$266,629

Cash Out Proceeds

$-8,693

Annual Net Cash Flow

$4,265

New Loan Payment

0.83

Debt Service Coverage

Refinance Cost
New Loan Amount
$625,140
Current Loan Payoff
$333,400
Loan Points
$12,503
Loan Closing Costs
$12,608
Total Refinance Cost
$358,511
Total Cash Out Proceeds
$266,629

Loan Terms
New Loan Amount
$625,140
Monthly Loan Payment
$4,265
Interest Rate
7.25%
Property Net Cash Flow
$42,482
Annual Loan Payment
$51,175
Debt Coverage Ratio
0.83

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$4,376
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)
$3,667
Misc.
Total Loan Closing
$12,608

Rental Income
Monthly Market Rent
$4,900
Potential Gross Rent
$58,800
Vacancy Factor
%
$2,940
Effective Gross Rent
$55,860
Property Taxes
%
$9,210
Hazard Insurance
%
$3,667
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$13,378
Net Operating Income
$42,482
Annual Loan Payment
$51,175
Net Cash Flow After Debt Service
$-8,693
Debt Coverage Ratio
0.83
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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.