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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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$33,751

Cash Out Proceeds

$17,856

Annual Net Cash Flow

$602

New Loan Payment

3.47

Debt Service Coverage

Refinance Cost
New Loan Amount
$88,215
Current Loan Payoff
$47,000
Loan Points
$1,764
Loan Closing Costs
$5,700
Total Refinance Cost
$54,464
Total Cash Out Proceeds
$33,751

Loan Terms
New Loan Amount
$88,215
Monthly Loan Payment
$602
Interest Rate
7.25%
Property Net Cash Flow
$25,077
Annual Loan Payment
$7,221
Debt Coverage Ratio
3.47

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$618
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)
$518
Misc.
Total Loan Closing
$5,700

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,405
Hazard Insurance
%
$518
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,423
Net Operating Income
$25,077
Annual Loan Payment
$7,221
Net Cash Flow After Debt Service
$17,856
Debt Coverage Ratio
3.47
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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.