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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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$53,281

Cash Out Proceeds

$14,695

Annual Net Cash Flow

$910

New Loan Payment

2.35

Debt Service Coverage

Refinance Cost
New Loan Amount
$133,328
Current Loan Payoff
$71,100
Loan Points
$2,667
Loan Closing Costs
$6,280
Total Refinance Cost
$80,047
Total Cash Out Proceeds
$53,281

Loan Terms
New Loan Amount
$133,328
Monthly Loan Payment
$910
Interest Rate
7.25%
Property Net Cash Flow
$25,609
Annual Loan Payment
$10,914
Debt Coverage Ratio
2.35

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$933
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)
$782
Misc.
Total Loan Closing
$6,280

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,609
Hazard Insurance
%
$782
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$2,891
Net Operating Income
$25,609
Annual Loan Payment
$10,914
Net Cash Flow After Debt Service
$14,695
Debt Coverage Ratio
2.35
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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.