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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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$62,747

Cash Out Proceeds

$4,531

Annual Net Cash Flow

$1,059

New Loan Payment

1.36

Debt Service Coverage

Refinance Cost
New Loan Amount
$155,213
Current Loan Payoff
$82,800
Loan Points
$3,104
Loan Closing Costs
$6,562
Total Refinance Cost
$92,466
Total Cash Out Proceeds
$62,747

Loan Terms
New Loan Amount
$155,213
Monthly Loan Payment
$1,059
Interest Rate
7.25%
Property Net Cash Flow
$17,237
Annual Loan Payment
$12,706
Debt Coverage Ratio
1.36

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,086
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)
$911
Misc.
Total Loan Closing
$6,562

Rental Income
Monthly Market Rent
$1,800
Potential Gross Rent
$21,600
Vacancy Factor
%
$1,080
Effective Gross Rent
$20,520
Property Taxes
%
$1,873
Hazard Insurance
%
$911
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,283
Net Operating Income
$17,237
Annual Loan Payment
$12,706
Net Cash Flow After Debt Service
$4,531
Debt Coverage Ratio
1.36
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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.