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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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$82,503

Cash Out Proceeds

$5,548

Annual Net Cash Flow

$1,369

New Loan Payment

1.34

Debt Service Coverage

Refinance Cost
New Loan Amount
$200,663
Current Loan Payoff
$107,000
Loan Points
$4,013
Loan Closing Costs
$7,147
Total Refinance Cost
$118,160
Total Cash Out Proceeds
$82,503

Loan Terms
New Loan Amount
$200,663
Monthly Loan Payment
$1,369
Interest Rate
7.25%
Property Net Cash Flow
$21,974
Annual Loan Payment
$16,426
Debt Coverage Ratio
1.34

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,405
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)
$1,177
Misc.
Total Loan Closing
$7,147

Rental Income
Monthly Market Rent
$2,300
Potential Gross Rent
$27,600
Vacancy Factor
%
$1,380
Effective Gross Rent
$26,220
Property Taxes
%
$2,568
Hazard Insurance
%
$1,177
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,246
Net Operating Income
$21,974
Annual Loan Payment
$16,426
Net Cash Flow After Debt Service
$5,548
Debt Coverage Ratio
1.34
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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.