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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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$103,651

Cash Out Proceeds

$3,110

Annual Net Cash Flow

$1,701

New Loan Payment

1.15

Debt Service Coverage

Refinance Cost
New Loan Amount
$249,413
Current Loan Payoff
$133,000
Loan Points
$4,988
Loan Closing Costs
$7,774
Total Refinance Cost
$145,762
Total Cash Out Proceeds
$103,651

Loan Terms
New Loan Amount
$249,413
Monthly Loan Payment
$1,701
Interest Rate
7.25%
Property Net Cash Flow
$23,527
Annual Loan Payment
$20,417
Debt Coverage Ratio
1.15

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,746
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)
$1,463
Misc.
Total Loan Closing
$7,774

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,010
Hazard Insurance
%
$1,463
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,973
Net Operating Income
$23,527
Annual Loan Payment
$20,417
Net Cash Flow After Debt Service
$3,110
Debt Coverage Ratio
1.15
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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.