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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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$76,935

Cash Out Proceeds

$8,111

Annual Net Cash Flow

$1,282

New Loan Payment

1.53

Debt Service Coverage

Refinance Cost
New Loan Amount
$187,875
Current Loan Payoff
$100,200
Loan Points
$3,758
Loan Closing Costs
$6,982
Total Refinance Cost
$110,940
Total Cash Out Proceeds
$76,935

Loan Terms
New Loan Amount
$187,875
Monthly Loan Payment
$1,282
Interest Rate
7.25%
Property Net Cash Flow
$23,491
Annual Loan Payment
$15,380
Debt Coverage Ratio
1.53

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,315
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)
$1,102
Misc.
Total Loan Closing
$6,982

Rental Income
Monthly Market Rent
$2,400
Potential Gross Rent
$28,800
Vacancy Factor
%
$1,440
Effective Gross Rent
$27,360
Property Taxes
%
$2,267
Hazard Insurance
%
$1,102
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,869
Net Operating Income
$23,491
Annual Loan Payment
$15,380
Net Cash Flow After Debt Service
$8,111
Debt Coverage Ratio
1.53
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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.