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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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$95,576

Cash Out Proceeds

$8,524

Annual Net Cash Flow

$1,575

New Loan Payment

1.45

Debt Service Coverage

Refinance Cost
New Loan Amount
$230,828
Current Loan Payoff
$123,100
Loan Points
$4,617
Loan Closing Costs
$7,535
Total Refinance Cost
$135,252
Total Cash Out Proceeds
$95,576

Loan Terms
New Loan Amount
$230,828
Monthly Loan Payment
$1,575
Interest Rate
7.25%
Property Net Cash Flow
$27,420
Annual Loan Payment
$18,896
Debt Coverage Ratio
1.45

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,616
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)
$1,354
Misc.
Total Loan Closing
$7,535

Rental Income
Monthly Market Rent
$2,900
Potential Gross Rent
$34,800
Vacancy Factor
%
$1,740
Effective Gross Rent
$33,060
Property Taxes
%
$3,786
Hazard Insurance
%
$1,354
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,640
Net Operating Income
$27,420
Annual Loan Payment
$18,896
Net Cash Flow After Debt Service
$8,524
Debt Coverage Ratio
1.45
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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.