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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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$103,569

Cash Out Proceeds

$4,395

Annual Net Cash Flow

$1,700

New Loan Payment

1.22

Debt Service Coverage

Refinance Cost
New Loan Amount
$249,225
Current Loan Payoff
$132,900
Loan Points
$4,985
Loan Closing Costs
$7,772
Total Refinance Cost
$145,656
Total Cash Out Proceeds
$103,569

Loan Terms
New Loan Amount
$249,225
Monthly Loan Payment
$1,700
Interest Rate
7.25%
Property Net Cash Flow
$24,797
Annual Loan Payment
$20,402
Debt Coverage Ratio
1.22

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,745
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)
$1,462
Misc.
Total Loan Closing
$7,772

Rental Income
Monthly Market Rent
$2,700
Potential Gross Rent
$32,400
Vacancy Factor
%
$1,620
Effective Gross Rent
$30,780
Property Taxes
%
$4,021
Hazard Insurance
%
$1,462
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,983
Net Operating Income
$24,797
Annual Loan Payment
$20,402
Net Cash Flow After Debt Service
$4,395
Debt Coverage Ratio
1.22
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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.