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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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$33,221

Cash Out Proceeds

$19,303

Annual Net Cash Flow

$595

New Loan Payment

3.71

Debt Service Coverage

Refinance Cost
New Loan Amount
$87,150
Current Loan Payoff
$46,500
Loan Points
$1,743
Loan Closing Costs
$5,686
Total Refinance Cost
$53,929
Total Cash Out Proceeds
$33,221

Loan Terms
New Loan Amount
$87,150
Monthly Loan Payment
$595
Interest Rate
7.25%
Property Net Cash Flow
$26,437
Annual Loan Payment
$7,134
Debt Coverage Ratio
3.71

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$610
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)
$511
Misc.
Total Loan Closing
$5,686

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,052
Hazard Insurance
%
$511
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$2,063
Net Operating Income
$26,437
Annual Loan Payment
$7,134
Net Cash Flow After Debt Service
$19,303
Debt Coverage Ratio
3.71
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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.