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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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$62,494

Cash Out Proceeds

$3,458

Annual Net Cash Flow

$1,054

New Loan Payment

1.27

Debt Service Coverage

Refinance Cost
New Loan Amount
$154,538
Current Loan Payoff
$82,400
Loan Points
$3,091
Loan Closing Costs
$6,553
Total Refinance Cost
$92,044
Total Cash Out Proceeds
$62,494

Loan Terms
New Loan Amount
$154,538
Monthly Loan Payment
$1,054
Interest Rate
7.25%
Property Net Cash Flow
$16,109
Annual Loan Payment
$12,651
Debt Coverage Ratio
1.27

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,082
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)
$907
Misc.
Total Loan Closing
$6,553

Rental Income
Monthly Market Rent
$1,700
Potential Gross Rent
$20,400
Vacancy Factor
%
$1,020
Effective Gross Rent
$19,380
Property Taxes
%
$1,865
Hazard Insurance
%
$907
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,271
Net Operating Income
$16,109
Annual Loan Payment
$12,651
Net Cash Flow After Debt Service
$3,458
Debt Coverage Ratio
1.27
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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.