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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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$78,030

Cash Out Proceeds

$-1,266

Annual Net Cash Flow

$1,299

New Loan Payment

0.92

Debt Service Coverage

Refinance Cost
New Loan Amount
$190,455
Current Loan Payoff
$101,600
Loan Points
$3,809
Loan Closing Costs
$7,016
Total Refinance Cost
$112,425
Total Cash Out Proceeds
$78,030

Loan Terms
New Loan Amount
$190,455
Monthly Loan Payment
$1,299
Interest Rate
7.25%
Property Net Cash Flow
$14,325
Annual Loan Payment
$15,591
Debt Coverage Ratio
0.92

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,333
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)
$1,117
Misc.
Total Loan Closing
$7,016

Rental Income
Monthly Market Rent
$1,600
Potential Gross Rent
$19,200
Vacancy Factor
%
$960
Effective Gross Rent
$18,240
Property Taxes
%
$2,298
Hazard Insurance
%
$1,117
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,915
Net Operating Income
$14,325
Annual Loan Payment
$15,591
Net Cash Flow After Debt Service
$-1,266
Debt Coverage Ratio
0.92
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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.