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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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$180,198

Cash Out Proceeds

$-6,926

Annual Net Cash Flow

$2,906

New Loan Payment

0.8

Debt Service Coverage

Refinance Cost
New Loan Amount
$425,963
Current Loan Payoff
$227,200
Loan Points
$8,519
Loan Closing Costs
$10,046
Total Refinance Cost
$245,765
Total Cash Out Proceeds
$180,198

Loan Terms
New Loan Amount
$425,963
Monthly Loan Payment
$2,906
Interest Rate
7.25%
Property Net Cash Flow
$27,944
Annual Loan Payment
$34,870
Debt Coverage Ratio
0.8

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,982
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)
$2,499
Misc.
Total Loan Closing
$10,046

Rental Income
Monthly Market Rent
$3,200
Potential Gross Rent
$38,400
Vacancy Factor
%
$1,920
Effective Gross Rent
$36,480
Property Taxes
%
$5,538
Hazard Insurance
%
$2,499
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,536
Net Operating Income
$27,944
Annual Loan Payment
$34,870
Net Cash Flow After Debt Service
$-6,926
Debt Coverage Ratio
0.8
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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.