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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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$28,297

Cash Out Proceeds

$20,430

Annual Net Cash Flow

$518

New Loan Payment

4.29

Debt Service Coverage

Refinance Cost
New Loan Amount
$75,855
Current Loan Payoff
$40,500
Loan Points
$1,517
Loan Closing Costs
$5,541
Total Refinance Cost
$47,558
Total Cash Out Proceeds
$28,297

Loan Terms
New Loan Amount
$75,855
Monthly Loan Payment
$518
Interest Rate
7.25%
Property Net Cash Flow
$26,640
Annual Loan Payment
$6,210
Debt Coverage Ratio
4.29

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$531
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)
$445
Misc.
Total Loan Closing
$5,541

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$915
Hazard Insurance
%
$445
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$1,860
Net Operating Income
$26,640
Annual Loan Payment
$6,210
Net Cash Flow After Debt Service
$20,430
Debt Coverage Ratio
4.29
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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.