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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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$72,411

Cash Out Proceeds

$10,286

Annual Net Cash Flow

$1,211

New Loan Payment

1.71

Debt Service Coverage

Refinance Cost
New Loan Amount
$177,510
Current Loan Payoff
$94,700
Loan Points
$3,550
Loan Closing Costs
$6,849
Total Refinance Cost
$105,099
Total Cash Out Proceeds
$72,411

Loan Terms
New Loan Amount
$177,510
Monthly Loan Payment
$1,211
Interest Rate
7.25%
Property Net Cash Flow
$24,817
Annual Loan Payment
$14,531
Debt Coverage Ratio
1.71

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,243
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)
$1,041
Misc.
Total Loan Closing
$6,849

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,142
Hazard Insurance
%
$1,041
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,683
Net Operating Income
$24,817
Annual Loan Payment
$14,531
Net Cash Flow After Debt Service
$10,286
Debt Coverage Ratio
1.71
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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.