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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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$26,175

Cash Out Proceeds

$20,917

Annual Net Cash Flow

$484

New Loan Payment

4.6

Debt Service Coverage

Refinance Cost
New Loan Amount
$70,973
Current Loan Payoff
$37,900
Loan Points
$1,419
Loan Closing Costs
$5,478
Total Refinance Cost
$44,798
Total Cash Out Proceeds
$26,175

Loan Terms
New Loan Amount
$70,973
Monthly Loan Payment
$484
Interest Rate
7.25%
Property Net Cash Flow
$26,727
Annual Loan Payment
$5,810
Debt Coverage Ratio
4.6

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$497
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)
$416
Misc.
Total Loan Closing
$5,478

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$856
Hazard Insurance
%
$416
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$1,773
Net Operating Income
$26,727
Annual Loan Payment
$5,810
Net Cash Flow After Debt Service
$20,917
Debt Coverage Ratio
4.6
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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.