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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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$72,839

Cash Out Proceeds

$7,136

Annual Net Cash Flow

$1,218

New Loan Payment

1.49

Debt Service Coverage

Refinance Cost
New Loan Amount
$178,470
Current Loan Payoff
$95,200
Loan Points
$3,569
Loan Closing Costs
$6,861
Total Refinance Cost
$105,631
Total Cash Out Proceeds
$72,839

Loan Terms
New Loan Amount
$178,470
Monthly Loan Payment
$1,218
Interest Rate
7.25%
Property Net Cash Flow
$21,746
Annual Loan Payment
$14,610
Debt Coverage Ratio
1.49

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,249
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)
$1,047
Misc.
Total Loan Closing
$6,861

Rental Income
Monthly Market Rent
$2,300
Potential Gross Rent
$27,600
Vacancy Factor
%
$1,380
Effective Gross Rent
$26,220
Property Taxes
%
$2,927
Hazard Insurance
%
$1,047
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,474
Net Operating Income
$21,746
Annual Loan Payment
$14,610
Net Cash Flow After Debt Service
$7,136
Debt Coverage Ratio
1.49
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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.