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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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$92,605

Cash Out Proceeds

$5,642

Annual Net Cash Flow

$1,528

New Loan Payment

1.31

Debt Service Coverage

Refinance Cost
New Loan Amount
$224,033
Current Loan Payoff
$119,500
Loan Points
$4,481
Loan Closing Costs
$7,448
Total Refinance Cost
$131,428
Total Cash Out Proceeds
$92,605

Loan Terms
New Loan Amount
$224,033
Monthly Loan Payment
$1,528
Interest Rate
7.25%
Property Net Cash Flow
$23,982
Annual Loan Payment
$18,340
Debt Coverage Ratio
1.31

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,568
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)
$1,314
Misc.
Total Loan Closing
$7,448

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,703
Hazard Insurance
%
$1,314
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,518
Net Operating Income
$23,982
Annual Loan Payment
$18,340
Net Cash Flow After Debt Service
$5,642
Debt Coverage Ratio
1.31
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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.