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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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$108,803

Cash Out Proceeds

$-545

Annual Net Cash Flow

$1,782

New Loan Payment

0.97

Debt Service Coverage

Refinance Cost
New Loan Amount
$261,255
Current Loan Payoff
$139,300
Loan Points
$5,225
Loan Closing Costs
$7,926
Total Refinance Cost
$152,452
Total Cash Out Proceeds
$108,803

Loan Terms
New Loan Amount
$261,255
Monthly Loan Payment
$1,782
Interest Rate
7.25%
Property Net Cash Flow
$20,842
Annual Loan Payment
$21,387
Debt Coverage Ratio
0.97

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,829
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)
$1,533
Misc.
Total Loan Closing
$7,926

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$5,626
Hazard Insurance
%
$1,533
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,658
Net Operating Income
$20,842
Annual Loan Payment
$21,387
Net Cash Flow After Debt Service
$-545
Debt Coverage Ratio
0.97
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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.