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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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$68,711

Cash Out Proceeds

$11,152

Annual Net Cash Flow

$1,152

New Loan Payment

1.81

Debt Service Coverage

Refinance Cost
New Loan Amount
$168,825
Current Loan Payoff
$90,000
Loan Points
$3,377
Loan Closing Costs
$6,737
Total Refinance Cost
$100,114
Total Cash Out Proceeds
$68,711

Loan Terms
New Loan Amount
$168,825
Monthly Loan Payment
$1,152
Interest Rate
7.25%
Property Net Cash Flow
$24,972
Annual Loan Payment
$13,820
Debt Coverage Ratio
1.81

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,182
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)
$990
Misc.
Total Loan Closing
$6,737

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,037
Hazard Insurance
%
$990
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,528
Net Operating Income
$24,972
Annual Loan Payment
$13,820
Net Cash Flow After Debt Service
$11,152
Debt Coverage Ratio
1.81
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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.