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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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$102,105

Cash Out Proceeds

$3,465

Annual Net Cash Flow

$1,677

New Loan Payment

1.17

Debt Service Coverage

Refinance Cost
New Loan Amount
$245,850
Current Loan Payoff
$131,100
Loan Points
$4,917
Loan Closing Costs
$7,728
Total Refinance Cost
$143,745
Total Cash Out Proceeds
$102,105

Loan Terms
New Loan Amount
$245,850
Monthly Loan Payment
$1,677
Interest Rate
7.25%
Property Net Cash Flow
$23,591
Annual Loan Payment
$20,126
Debt Coverage Ratio
1.17

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,721
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)
$1,442
Misc.
Total Loan Closing
$7,728

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,967
Hazard Insurance
%
$1,442
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,909
Net Operating Income
$23,591
Annual Loan Payment
$20,126
Net Cash Flow After Debt Service
$3,465
Debt Coverage Ratio
1.17
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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.