125965

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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$55,128

Cash Out Proceeds

$-705

Annual Net Cash Flow

$938

New Loan Payment

0.94

Debt Service Coverage

Refinance Cost
New Loan Amount
$137,513
Current Loan Payoff
$73,300
Loan Points
$2,750
Loan Closing Costs
$6,334
Total Refinance Cost
$82,385
Total Cash Out Proceeds
$55,128

Loan Terms
New Loan Amount
$137,513
Monthly Loan Payment
$938
Interest Rate
7.25%
Property Net Cash Flow
$10,552
Annual Loan Payment
$11,257
Debt Coverage Ratio
0.94

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$963
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)
$807
Misc.
Total Loan Closing
$6,334

Rental Income
Monthly Market Rent
$1,300
Potential Gross Rent
$15,600
Vacancy Factor
%
$780
Effective Gross Rent
$14,820
Property Taxes
%
$2,961
Hazard Insurance
%
$807
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,268
Net Operating Income
$10,552
Annual Loan Payment
$11,257
Net Cash Flow After Debt Service
$-705
Debt Coverage Ratio
0.94
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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.