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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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$28,775

Cash Out Proceeds

$20,339

Annual Net Cash Flow

$524

New Loan Payment

4.24

Debt Service Coverage

Refinance Cost
New Loan Amount
$76,763
Current Loan Payoff
$40,900
Loan Points
$1,535
Loan Closing Costs
$5,553
Total Refinance Cost
$47,988
Total Cash Out Proceeds
$28,775

Loan Terms
New Loan Amount
$76,763
Monthly Loan Payment
$524
Interest Rate
7.25%
Property Net Cash Flow
$26,623
Annual Loan Payment
$6,284
Debt Coverage Ratio
4.24

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$537
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)
$450
Misc.
Total Loan Closing
$5,553

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$926
Hazard Insurance
%
$450
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$1,877
Net Operating Income
$26,623
Annual Loan Payment
$6,284
Net Cash Flow After Debt Service
$20,339
Debt Coverage Ratio
4.24
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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.