101753

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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$69,742

Cash Out Proceeds

$10,901

Annual Net Cash Flow

$1,169

New Loan Payment

1.78

Debt Service Coverage

Refinance Cost
New Loan Amount
$171,338
Current Loan Payoff
$91,400
Loan Points
$3,427
Loan Closing Costs
$6,770
Total Refinance Cost
$101,596
Total Cash Out Proceeds
$69,742

Loan Terms
New Loan Amount
$171,338
Monthly Loan Payment
$1,169
Interest Rate
7.25%
Property Net Cash Flow
$24,927
Annual Loan Payment
$14,026
Debt Coverage Ratio
1.78

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,199
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)
$1,005
Misc.
Total Loan Closing
$6,770

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,067
Hazard Insurance
%
$1,005
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,573
Net Operating Income
$24,927
Annual Loan Payment
$14,026
Net Cash Flow After Debt Service
$10,901
Debt Coverage Ratio
1.78
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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.