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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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$74,532

Cash Out Proceeds

$7,913

Annual Net Cash Flow

$1,244

New Loan Payment

1.53

Debt Service Coverage

Refinance Cost
New Loan Amount
$182,288
Current Loan Payoff
$97,200
Loan Points
$3,646
Loan Closing Costs
$6,910
Total Refinance Cost
$107,756
Total Cash Out Proceeds
$74,532

Loan Terms
New Loan Amount
$182,288
Monthly Loan Payment
$1,244
Interest Rate
7.25%
Property Net Cash Flow
$22,835
Annual Loan Payment
$14,922
Debt Coverage Ratio
1.53

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,276
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)
$1,069
Misc.
Total Loan Closing
$6,910

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$4,095
Hazard Insurance
%
$1,069
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,665
Net Operating Income
$22,835
Annual Loan Payment
$14,922
Net Cash Flow After Debt Service
$7,913
Debt Coverage Ratio
1.53
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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.