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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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$94,422

Cash Out Proceeds

$12,079

Annual Net Cash Flow

$1,556

New Loan Payment

1.65

Debt Service Coverage

Refinance Cost
New Loan Amount
$228,083
Current Loan Payoff
$121,600
Loan Points
$4,562
Loan Closing Costs
$7,500
Total Refinance Cost
$133,661
Total Cash Out Proceeds
$94,422

Loan Terms
New Loan Amount
$228,083
Monthly Loan Payment
$1,556
Interest Rate
7.25%
Property Net Cash Flow
$30,750
Annual Loan Payment
$18,671
Debt Coverage Ratio
1.65

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,597
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)
$1,338
Misc.
Total Loan Closing
$7,500

Rental Income
Monthly Market Rent
$3,100
Potential Gross Rent
$37,200
Vacancy Factor
%
$1,860
Effective Gross Rent
$35,340
Property Taxes
%
$2,752
Hazard Insurance
%
$1,338
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,590
Net Operating Income
$30,750
Annual Loan Payment
$18,671
Net Cash Flow After Debt Service
$12,079
Debt Coverage Ratio
1.65
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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.