What Is It?
Future one-time expenses you will pay when refinancing a rental property or paying balloon payments.
When refinancing a rental property, financing expenses may include existing loan repayments and refinance costs, and may be offset by new cash-out refinance loan payouts.
In cases when a new cash-out refinance loan does not replace an existing loan, it is possible to receive money back from your lender, which will be added to the total cash flow for the current year.
How Is It Calculated?