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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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$113,973

Cash Out Proceeds

$734

Annual Net Cash Flow

$1,864

New Loan Payment

1.03

Debt Service Coverage

Refinance Cost
New Loan Amount
$273,218
Current Loan Payoff
$145,700
Loan Points
$5,464
Loan Closing Costs
$8,080
Total Refinance Cost
$159,245
Total Cash Out Proceeds
$113,973

Loan Terms
New Loan Amount
$273,218
Monthly Loan Payment
$1,864
Interest Rate
7.25%
Property Net Cash Flow
$23,100
Annual Loan Payment
$22,366
Debt Coverage Ratio
1.03

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,913
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)
$1,603
Misc.
Total Loan Closing
$8,080

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,297
Hazard Insurance
%
$1,603
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,400
Net Operating Income
$23,100
Annual Loan Payment
$22,366
Net Cash Flow After Debt Service
$734
Debt Coverage Ratio
1.03
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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.