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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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$65,066

Cash Out Proceeds

$9,148

Annual Net Cash Flow

$1,094

New Loan Payment

1.7

Debt Service Coverage

Refinance Cost
New Loan Amount
$160,403
Current Loan Payoff
$85,500
Loan Points
$3,208
Loan Closing Costs
$6,629
Total Refinance Cost
$95,337
Total Cash Out Proceeds
$65,066

Loan Terms
New Loan Amount
$160,403
Monthly Loan Payment
$1,094
Interest Rate
7.25%
Property Net Cash Flow
$22,279
Annual Loan Payment
$13,131
Debt Coverage Ratio
1.7

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,123
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)
$941
Misc.
Total Loan Closing
$6,629

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$4,780
Hazard Insurance
%
$941
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,221
Net Operating Income
$22,279
Annual Loan Payment
$13,131
Net Cash Flow After Debt Service
$9,148
Debt Coverage Ratio
1.7
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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.