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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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$95,871

Cash Out Proceeds

$3,763

Annual Net Cash Flow

$1,579

New Loan Payment

1.2

Debt Service Coverage

Refinance Cost
New Loan Amount
$231,443
Current Loan Payoff
$123,400
Loan Points
$4,629
Loan Closing Costs
$7,543
Total Refinance Cost
$135,572
Total Cash Out Proceeds
$95,871

Loan Terms
New Loan Amount
$231,443
Monthly Loan Payment
$1,579
Interest Rate
7.25%
Property Net Cash Flow
$22,709
Annual Loan Payment
$18,946
Debt Coverage Ratio
1.2

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,620
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)
$1,358
Misc.
Total Loan Closing
$7,543

Rental Income
Monthly Market Rent
$2,400
Potential Gross Rent
$28,800
Vacancy Factor
%
$1,440
Effective Gross Rent
$27,360
Property Taxes
%
$2,793
Hazard Insurance
%
$1,358
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,651
Net Operating Income
$22,709
Annual Loan Payment
$18,946
Net Cash Flow After Debt Service
$3,763
Debt Coverage Ratio
1.2
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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.