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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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$65,941

Cash Out Proceeds

$11,118

Annual Net Cash Flow

$1,109

New Loan Payment

1.84

Debt Service Coverage

Refinance Cost
New Loan Amount
$162,548
Current Loan Payoff
$86,700
Loan Points
$3,251
Loan Closing Costs
$6,656
Total Refinance Cost
$96,607
Total Cash Out Proceeds
$65,941

Loan Terms
New Loan Amount
$162,548
Monthly Loan Payment
$1,109
Interest Rate
7.25%
Property Net Cash Flow
$24,424
Annual Loan Payment
$13,306
Debt Coverage Ratio
1.84

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,138
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)
$954
Misc.
Total Loan Closing
$6,656

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,622
Hazard Insurance
%
$954
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,076
Net Operating Income
$24,424
Annual Loan Payment
$13,306
Net Cash Flow After Debt Service
$11,118
Debt Coverage Ratio
1.84
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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.