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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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$72,697

Cash Out Proceeds

$3,812

Annual Net Cash Flow

$1,214

New Loan Payment

1.26

Debt Service Coverage

Refinance Cost
New Loan Amount
$178,013
Current Loan Payoff
$94,900
Loan Points
$3,560
Loan Closing Costs
$6,855
Total Refinance Cost
$105,316
Total Cash Out Proceeds
$72,697

Loan Terms
New Loan Amount
$178,013
Monthly Loan Payment
$1,214
Interest Rate
7.25%
Property Net Cash Flow
$18,384
Annual Loan Payment
$14,572
Debt Coverage Ratio
1.26

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,246
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)
$1,044
Misc.
Total Loan Closing
$6,855

Rental Income
Monthly Market Rent
$2,100
Potential Gross Rent
$25,200
Vacancy Factor
%
$1,260
Effective Gross Rent
$23,940
Property Taxes
%
$4,011
Hazard Insurance
%
$1,044
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,556
Net Operating Income
$18,384
Annual Loan Payment
$14,572
Net Cash Flow After Debt Service
$3,812
Debt Coverage Ratio
1.26
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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.