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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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$87,636

Cash Out Proceeds

$6,785

Annual Net Cash Flow

$1,450

New Loan Payment

1.39

Debt Service Coverage

Refinance Cost
New Loan Amount
$212,588
Current Loan Payoff
$113,400
Loan Points
$4,252
Loan Closing Costs
$7,300
Total Refinance Cost
$124,952
Total Cash Out Proceeds
$87,636

Loan Terms
New Loan Amount
$212,588
Monthly Loan Payment
$1,450
Interest Rate
7.25%
Property Net Cash Flow
$24,188
Annual Loan Payment
$17,403
Debt Coverage Ratio
1.39

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,488
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)
$1,247
Misc.
Total Loan Closing
$7,300

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,565
Hazard Insurance
%
$1,247
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,312
Net Operating Income
$24,188
Annual Loan Payment
$17,403
Net Cash Flow After Debt Service
$6,785
Debt Coverage Ratio
1.39
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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.