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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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$64,001

Cash Out Proceeds

$12,236

Annual Net Cash Flow

$1,078

New Loan Payment

1.95

Debt Service Coverage

Refinance Cost
New Loan Amount
$157,958
Current Loan Payoff
$84,200
Loan Points
$3,159
Loan Closing Costs
$6,597
Total Refinance Cost
$93,957
Total Cash Out Proceeds
$64,001

Loan Terms
New Loan Amount
$157,958
Monthly Loan Payment
$1,078
Interest Rate
7.25%
Property Net Cash Flow
$25,167
Annual Loan Payment
$12,931
Debt Coverage Ratio
1.95

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,106
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)
$927
Misc.
Total Loan Closing
$6,597

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,906
Hazard Insurance
%
$927
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,333
Net Operating Income
$25,167
Annual Loan Payment
$12,931
Net Cash Flow After Debt Service
$12,236
Debt Coverage Ratio
1.95
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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.