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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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$213,257

Cash Out Proceeds

$-26,454

Annual Net Cash Flow

$3,425

New Loan Payment

0.36

Debt Service Coverage

Refinance Cost
New Loan Amount
$502,125
Current Loan Payoff
$267,800
Loan Points
$10,043
Loan Closing Costs
$11,026
Total Refinance Cost
$288,868
Total Cash Out Proceeds
$213,257

Loan Terms
New Loan Amount
$502,125
Monthly Loan Payment
$3,425
Interest Rate
7.25%
Property Net Cash Flow
$14,651
Annual Loan Payment
$41,105
Debt Coverage Ratio
0.36

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,515
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)
$2,946
Misc.
Total Loan Closing
$11,026

Rental Income
Monthly Market Rent
$2,900
Potential Gross Rent
$34,800
Vacancy Factor
%
$1,740
Effective Gross Rent
$33,060
Property Taxes
%
$14,963
Hazard Insurance
%
$2,946
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$18,409
Net Operating Income
$14,651
Annual Loan Payment
$41,105
Net Cash Flow After Debt Service
$-26,454
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.