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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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$68,129

Cash Out Proceeds

$5,574

Annual Net Cash Flow

$1,143

New Loan Payment

1.41

Debt Service Coverage

Refinance Cost
New Loan Amount
$167,603
Current Loan Payoff
$89,400
Loan Points
$3,352
Loan Closing Costs
$6,721
Total Refinance Cost
$99,474
Total Cash Out Proceeds
$68,129

Loan Terms
New Loan Amount
$167,603
Monthly Loan Payment
$1,143
Interest Rate
7.25%
Property Net Cash Flow
$19,294
Annual Loan Payment
$13,720
Debt Coverage Ratio
1.41

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,173
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)
$983
Misc.
Total Loan Closing
$6,721

Rental Income
Monthly Market Rent
$2,000
Potential Gross Rent
$24,000
Vacancy Factor
%
$1,200
Effective Gross Rent
$22,800
Property Taxes
%
$2,022
Hazard Insurance
%
$983
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,506
Net Operating Income
$19,294
Annual Loan Payment
$13,720
Net Cash Flow After Debt Service
$5,574
Debt Coverage Ratio
1.41
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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.