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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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$90,216

Cash Out Proceeds

$11,429

Annual Net Cash Flow

$1,491

New Loan Payment

1.64

Debt Service Coverage

Refinance Cost
New Loan Amount
$218,565
Current Loan Payoff
$116,600
Loan Points
$4,371
Loan Closing Costs
$7,377
Total Refinance Cost
$128,349
Total Cash Out Proceeds
$90,216

Loan Terms
New Loan Amount
$218,565
Monthly Loan Payment
$1,491
Interest Rate
7.25%
Property Net Cash Flow
$29,321
Annual Loan Payment
$17,892
Debt Coverage Ratio
1.64

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,530
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)
$1,282
Misc.
Total Loan Closing
$7,377

Rental Income
Monthly Market Rent
$3,200
Potential Gross Rent
$38,400
Vacancy Factor
%
$1,920
Effective Gross Rent
$36,480
Property Taxes
%
$5,377
Hazard Insurance
%
$1,282
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,159
Net Operating Income
$29,321
Annual Loan Payment
$17,892
Net Cash Flow After Debt Service
$11,429
Debt Coverage Ratio
1.64
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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.