MCF CRE · CRE Tools

Refi vs. Sell Analysis

Compare cash-out refi proceeds vs. net sale proceeds after tax — plus a 5-year hold scenario.

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File Identifiers

Borrower Name

Entity Name

Account Manager Name

Property Address

Loan #

These identifiers are saved on this device and auto-fill across every MCF Real Estate Capital form.

Property

Current Market Value

Original Cost Basis

Existing Loan Balance

Current Annual NOI

Refi Terms

New LTV

New Rate

Loan Term

yrs

Closing Costs

Sale Assumptions

Sale at Cap Rate

Used to compute implied sale price

Sales Costs (broker, etc.)

Capital Gains Tax Rate

Accumulated Depreciation

Subject to 25% recapture

Hold Scenario

NOI Annual Growth Rate

Analysis Verdict

Cash-Out Refi Leads

Based on 5-yr total value creation — consult your tax advisor before deciding.

Cash-Out Refi Path

New Loan Amount$5,600,000

Payoff Existing Loan($4,000,000)

Closing Costs($84,000)

Net Cash-Out Proceeds$1,516,000

Annual Debt Service$763,042

DSCR0.63x

5-yr projected equity (at 6.0% exit cap)

$3,674,193

Sale Path

Implied Sale Price$8,000,000

Sales Costs($240,000)

Loan Payoff($4,000,000)

Gross Proceeds$3,760,000

Capital Gains Tax($609,280)

Depreciation Recapture Tax($50,000)

Net After Tax$3,100,720

Total tax burden

$659,280

Head-to-Head

RefiSell

Immediate Liquidity

$1,516,000

$3,100,720

5-Year Projected Equity

$3,674,193

$3,100,720

Tax Impact (lower is better)

$84,000

$659,280

All calculators are for informational and illustrative purposes only. Results do not constitute a commitment to lend. Actual loan terms depend on underwriting, market conditions, and lender approval. Consult a licensed financial or tax advisor before making investment or financing decisions.