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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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$80,032

Cash Out Proceeds

$8,550

Annual Net Cash Flow

$1,330

New Loan Payment

1.54

Debt Service Coverage

Refinance Cost
New Loan Amount
$194,903
Current Loan Payoff
$103,900
Loan Points
$3,898
Loan Closing Costs
$7,073
Total Refinance Cost
$114,871
Total Cash Out Proceeds
$80,032

Loan Terms
New Loan Amount
$194,903
Monthly Loan Payment
$1,330
Interest Rate
7.25%
Property Net Cash Flow
$24,505
Annual Loan Payment
$15,955
Debt Coverage Ratio
1.54

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,364
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)
$1,143
Misc.
Total Loan Closing
$7,073

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,352
Hazard Insurance
%
$1,143
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,995
Net Operating Income
$24,505
Annual Loan Payment
$15,955
Net Cash Flow After Debt Service
$8,550
Debt Coverage Ratio
1.54
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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.