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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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$56,733

Cash Out Proceeds

$13,905

Annual Net Cash Flow

$964

New Loan Payment

2.2

Debt Service Coverage

Refinance Cost
New Loan Amount
$141,240
Current Loan Payoff
$75,300
Loan Points
$2,825
Loan Closing Costs
$6,382
Total Refinance Cost
$84,507
Total Cash Out Proceeds
$56,733

Loan Terms
New Loan Amount
$141,240
Monthly Loan Payment
$964
Interest Rate
7.25%
Property Net Cash Flow
$25,467
Annual Loan Payment
$11,562
Debt Coverage Ratio
2.2

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$989
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)
$829
Misc.
Total Loan Closing
$6,382

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,704
Hazard Insurance
%
$829
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,033
Net Operating Income
$25,467
Annual Loan Payment
$11,562
Net Cash Flow After Debt Service
$13,905
Debt Coverage Ratio
2.2
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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.