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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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$41,722

Cash Out Proceeds

$17,362

Annual Net Cash Flow

$727

New Loan Payment

2.99

Debt Service Coverage

Refinance Cost
New Loan Amount
$106,590
Current Loan Payoff
$56,800
Loan Points
$2,132
Loan Closing Costs
$5,936
Total Refinance Cost
$64,868
Total Cash Out Proceeds
$41,722

Loan Terms
New Loan Amount
$106,590
Monthly Loan Payment
$727
Interest Rate
7.25%
Property Net Cash Flow
$26,088
Annual Loan Payment
$8,726
Debt Coverage Ratio
2.99

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$746
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)
$625
Misc.
Total Loan Closing
$5,936

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,286
Hazard Insurance
%
$625
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$2,412
Net Operating Income
$26,088
Annual Loan Payment
$8,726
Net Cash Flow After Debt Service
$17,362
Debt Coverage Ratio
2.99
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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.