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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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$26,056

Cash Out Proceeds

$20,950

Annual Net Cash Flow

$482

New Loan Payment

4.62

Debt Service Coverage

Refinance Cost
New Loan Amount
$70,643
Current Loan Payoff
$37,700
Loan Points
$1,413
Loan Closing Costs
$5,474
Total Refinance Cost
$44,587
Total Cash Out Proceeds
$26,056

Loan Terms
New Loan Amount
$70,643
Monthly Loan Payment
$482
Interest Rate
7.25%
Property Net Cash Flow
$26,733
Annual Loan Payment
$5,783
Debt Coverage Ratio
4.62

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$494
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)
$414
Misc.
Total Loan Closing
$5,474

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$852
Hazard Insurance
%
$414
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$1,767
Net Operating Income
$26,733
Annual Loan Payment
$5,783
Net Cash Flow After Debt Service
$20,950
Debt Coverage Ratio
4.62
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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.