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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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$66,067

Cash Out Proceeds

$11,365

Annual Net Cash Flow

$1,111

New Loan Payment

1.85

Debt Service Coverage

Refinance Cost
New Loan Amount
$162,885
Current Loan Payoff
$86,900
Loan Points
$3,258
Loan Closing Costs
$6,661
Total Refinance Cost
$96,818
Total Cash Out Proceeds
$66,067

Loan Terms
New Loan Amount
$162,885
Monthly Loan Payment
$1,111
Interest Rate
7.25%
Property Net Cash Flow
$24,699
Annual Loan Payment
$13,334
Debt Coverage Ratio
1.85

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,140
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)
$956
Misc.
Total Loan Closing
$6,661

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,346
Hazard Insurance
%
$956
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,801
Net Operating Income
$24,699
Annual Loan Payment
$13,334
Net Cash Flow After Debt Service
$11,365
Debt Coverage Ratio
1.85
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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.