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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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$36,622

Cash Out Proceeds

$18,455

Annual Net Cash Flow

$648

New Loan Payment

3.37

Debt Service Coverage

Refinance Cost
New Loan Amount
$95,010
Current Loan Payoff
$50,700
Loan Points
$1,900
Loan Closing Costs
$5,787
Total Refinance Cost
$58,388
Total Cash Out Proceeds
$36,622

Loan Terms
New Loan Amount
$95,010
Monthly Loan Payment
$648
Interest Rate
7.25%
Property Net Cash Flow
$26,233
Annual Loan Payment
$7,778
Debt Coverage Ratio
3.37

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$665
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)
$557
Misc.
Total Loan Closing
$5,787

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,210
Hazard Insurance
%
$557
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$2,267
Net Operating Income
$26,233
Annual Loan Payment
$7,778
Net Cash Flow After Debt Service
$18,455
Debt Coverage Ratio
3.37
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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.