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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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$39,202

Cash Out Proceeds

$17,933

Annual Net Cash Flow

$688

New Loan Payment

3.17

Debt Service Coverage

Refinance Cost
New Loan Amount
$100,883
Current Loan Payoff
$53,800
Loan Points
$2,018
Loan Closing Costs
$5,863
Total Refinance Cost
$61,681
Total Cash Out Proceeds
$39,202

Loan Terms
New Loan Amount
$100,883
Monthly Loan Payment
$688
Interest Rate
7.25%
Property Net Cash Flow
$26,191
Annual Loan Payment
$8,258
Debt Coverage Ratio
3.17

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$706
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)
$592
Misc.
Total Loan Closing
$5,863

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,217
Hazard Insurance
%
$592
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$2,309
Net Operating Income
$26,191
Annual Loan Payment
$8,258
Net Cash Flow After Debt Service
$17,933
Debt Coverage Ratio
3.17
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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.