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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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$36,250

Cash Out Proceeds

$18,619

Annual Net Cash Flow

$641

New Loan Payment

3.42

Debt Service Coverage

Refinance Cost
New Loan Amount
$94,005
Current Loan Payoff
$50,100
Loan Points
$1,880
Loan Closing Costs
$5,775
Total Refinance Cost
$57,755
Total Cash Out Proceeds
$36,250

Loan Terms
New Loan Amount
$94,005
Monthly Loan Payment
$641
Interest Rate
7.25%
Property Net Cash Flow
$26,314
Annual Loan Payment
$7,695
Debt Coverage Ratio
3.42

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$658
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)
$551
Misc.
Total Loan Closing
$5,775

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,134
Hazard Insurance
%
$551
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$2,186
Net Operating Income
$26,314
Annual Loan Payment
$7,695
Net Cash Flow After Debt Service
$18,619
Debt Coverage Ratio
3.42
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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.