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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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$72,729

Cash Out Proceeds

$10,211

Annual Net Cash Flow

$1,216

New Loan Payment

1.7

Debt Service Coverage

Refinance Cost
New Loan Amount
$178,253
Current Loan Payoff
$95,100
Loan Points
$3,565
Loan Closing Costs
$6,859
Total Refinance Cost
$105,524
Total Cash Out Proceeds
$72,729

Loan Terms
New Loan Amount
$178,253
Monthly Loan Payment
$1,216
Interest Rate
7.25%
Property Net Cash Flow
$24,803
Annual Loan Payment
$14,592
Debt Coverage Ratio
1.7

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,248
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)
$1,046
Misc.
Total Loan Closing
$6,859

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,151
Hazard Insurance
%
$1,046
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,697
Net Operating Income
$24,803
Annual Loan Payment
$14,592
Net Cash Flow After Debt Service
$10,211
Debt Coverage Ratio
1.7
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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.