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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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$28,799

Cash Out Proceeds

$20,316

Annual Net Cash Flow

$525

New Loan Payment

4.22

Debt Service Coverage

Refinance Cost
New Loan Amount
$76,995
Current Loan Payoff
$41,100
Loan Points
$1,540
Loan Closing Costs
$5,556
Total Refinance Cost
$48,196
Total Cash Out Proceeds
$28,799

Loan Terms
New Loan Amount
$76,995
Monthly Loan Payment
$525
Interest Rate
7.25%
Property Net Cash Flow
$26,619
Annual Loan Payment
$6,303
Debt Coverage Ratio
4.22

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$539
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)
$452
Misc.
Total Loan Closing
$5,556

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$929
Hazard Insurance
%
$452
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$1,881
Net Operating Income
$26,619
Annual Loan Payment
$6,303
Net Cash Flow After Debt Service
$20,316
Debt Coverage Ratio
4.22
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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.