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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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$134,013

Cash Out Proceeds

$-7,886

Annual Net Cash Flow

$2,179

New Loan Payment

0.7

Debt Service Coverage

Refinance Cost
New Loan Amount
$319,478
Current Loan Payoff
$170,400
Loan Points
$6,390
Loan Closing Costs
$8,676
Total Refinance Cost
$185,465
Total Cash Out Proceeds
$134,013

Loan Terms
New Loan Amount
$319,478
Monthly Loan Payment
$2,179
Interest Rate
7.25%
Property Net Cash Flow
$18,267
Annual Loan Payment
$26,153
Debt Coverage Ratio
0.7

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,236
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)
$1,874
Misc.
Total Loan Closing
$8,676

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$7,859
Hazard Insurance
%
$1,874
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$10,233
Net Operating Income
$18,267
Annual Loan Payment
$26,153
Net Cash Flow After Debt Service
$-7,886
Debt Coverage Ratio
0.7
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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.