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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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$121,938

Cash Out Proceeds

$-4,167

Annual Net Cash Flow

$1,990

New Loan Payment

0.83

Debt Service Coverage

Refinance Cost
New Loan Amount
$291,690
Current Loan Payoff
$155,600
Loan Points
$5,834
Loan Closing Costs
$8,318
Total Refinance Cost
$169,752
Total Cash Out Proceeds
$121,938

Loan Terms
New Loan Amount
$291,690
Monthly Loan Payment
$1,990
Interest Rate
7.25%
Property Net Cash Flow
$19,711
Annual Loan Payment
$23,878
Debt Coverage Ratio
0.83

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,042
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)
$1,711
Misc.
Total Loan Closing
$8,318

Rental Income
Monthly Market Rent
$2,300
Potential Gross Rent
$27,600
Vacancy Factor
%
$1,380
Effective Gross Rent
$26,220
Property Taxes
%
$4,298
Hazard Insurance
%
$1,711
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,509
Net Operating Income
$19,711
Annual Loan Payment
$23,878
Net Cash Flow After Debt Service
$-4,167
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.