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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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$81,210

Cash Out Proceeds

$7,459

Annual Net Cash Flow

$1,349

New Loan Payment

1.46

Debt Service Coverage

Refinance Cost
New Loan Amount
$197,775
Current Loan Payoff
$105,500
Loan Points
$3,956
Loan Closing Costs
$7,110
Total Refinance Cost
$116,565
Total Cash Out Proceeds
$81,210

Loan Terms
New Loan Amount
$197,775
Monthly Loan Payment
$1,349
Interest Rate
7.25%
Property Net Cash Flow
$23,649
Annual Loan Payment
$16,190
Debt Coverage Ratio
1.46

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,384
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)
$1,160
Misc.
Total Loan Closing
$7,110

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,191
Hazard Insurance
%
$1,160
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,851
Net Operating Income
$23,649
Annual Loan Payment
$16,190
Net Cash Flow After Debt Service
$7,459
Debt Coverage Ratio
1.46
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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.