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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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$89,078

Cash Out Proceeds

$3,226

Annual Net Cash Flow

$1,473

New Loan Payment

1.18

Debt Service Coverage

Refinance Cost
New Loan Amount
$215,940
Current Loan Payoff
$115,200
Loan Points
$4,319
Loan Closing Costs
$7,343
Total Refinance Cost
$126,862
Total Cash Out Proceeds
$89,078

Loan Terms
New Loan Amount
$215,940
Monthly Loan Payment
$1,473
Interest Rate
7.25%
Property Net Cash Flow
$20,903
Annual Loan Payment
$17,677
Debt Coverage Ratio
1.18

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,512
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)
$1,267
Misc.
Total Loan Closing
$7,343

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$5,830
Hazard Insurance
%
$1,267
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,597
Net Operating Income
$20,903
Annual Loan Payment
$17,677
Net Cash Flow After Debt Service
$3,226
Debt Coverage Ratio
1.18
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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.