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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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$64,683

Cash Out Proceeds

$12,074

Annual Net Cash Flow

$1,089

New Loan Payment

1.92

Debt Service Coverage

Refinance Cost
New Loan Amount
$159,593
Current Loan Payoff
$85,100
Loan Points
$3,192
Loan Closing Costs
$6,618
Total Refinance Cost
$94,910
Total Cash Out Proceeds
$64,683

Loan Terms
New Loan Amount
$159,593
Monthly Loan Payment
$1,089
Interest Rate
7.25%
Property Net Cash Flow
$25,138
Annual Loan Payment
$13,064
Debt Coverage Ratio
1.92

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,117
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)
$936
Misc.
Total Loan Closing
$6,618

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,926
Hazard Insurance
%
$936
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,362
Net Operating Income
$25,138
Annual Loan Payment
$13,064
Net Cash Flow After Debt Service
$12,074
Debt Coverage Ratio
1.92
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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.