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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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$90,579

Cash Out Proceeds

$-730

Annual Net Cash Flow

$1,496

New Loan Payment

0.96

Debt Service Coverage

Refinance Cost
New Loan Amount
$219,353
Current Loan Payoff
$117,000
Loan Points
$4,387
Loan Closing Costs
$7,387
Total Refinance Cost
$128,774
Total Cash Out Proceeds
$90,579

Loan Terms
New Loan Amount
$219,353
Monthly Loan Payment
$1,496
Interest Rate
7.25%
Property Net Cash Flow
$17,226
Annual Loan Payment
$17,956
Debt Coverage Ratio
0.96

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,535
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)
$1,287
Misc.
Total Loan Closing
$7,387

Rental Income
Monthly Market Rent
$1,900
Potential Gross Rent
$22,800
Vacancy Factor
%
$1,140
Effective Gross Rent
$21,660
Property Taxes
%
$2,647
Hazard Insurance
%
$1,287
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,434
Net Operating Income
$17,226
Annual Loan Payment
$17,956
Net Cash Flow After Debt Service
$-730
Debt Coverage Ratio
0.96
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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.