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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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$81,899

Cash Out Proceeds

$1,671

Annual Net Cash Flow

$1,360

New Loan Payment

1.1

Debt Service Coverage

Refinance Cost
New Loan Amount
$199,418
Current Loan Payoff
$106,400
Loan Points
$3,988
Loan Closing Costs
$7,131
Total Refinance Cost
$117,519
Total Cash Out Proceeds
$81,899

Loan Terms
New Loan Amount
$199,418
Monthly Loan Payment
$1,360
Interest Rate
7.25%
Property Net Cash Flow
$17,996
Annual Loan Payment
$16,325
Debt Coverage Ratio
1.1

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,396
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)
$1,170
Misc.
Total Loan Closing
$7,131

Rental Income
Monthly Market Rent
$1,900
Potential Gross Rent
$22,800
Vacancy Factor
%
$1,140
Effective Gross Rent
$21,660
Property Taxes
%
$1,994
Hazard Insurance
%
$1,170
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,664
Net Operating Income
$17,996
Annual Loan Payment
$16,325
Net Cash Flow After Debt Service
$1,671
Debt Coverage Ratio
1.1
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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.