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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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$60,422

Cash Out Proceeds

$11,593

Annual Net Cash Flow

$1,045

New Loan Payment

1.92

Debt Service Coverage

Refinance Cost
New Loan Amount
$153,150
Current Loan Payoff
$81,700
Loan Points
$3,063
Loan Closing Costs
$7,965
Total Refinance Cost
$92,728
Total Cash Out Proceeds
$60,422

Loan Terms
New Loan Amount
$153,150
Monthly Loan Payment
$1,045
Interest Rate
7.25%
Property Net Cash Flow
$24,130
Annual Loan Payment
$12,537
Debt Coverage Ratio
1.92

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,072
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)
$2,328
Misc.
Total Loan Closing
$7,965

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,542
Hazard Insurance
%
$2,328
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,370
Net Operating Income
$24,130
Annual Loan Payment
$12,537
Net Cash Flow After Debt Service
$11,593
Debt Coverage Ratio
1.92
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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.