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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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$60,155

Cash Out Proceeds

$11,668

Annual Net Cash Flow

$1,040

New Loan Payment

1.93

Debt Service Coverage

Refinance Cost
New Loan Amount
$152,453
Current Loan Payoff
$81,300
Loan Points
$3,049
Loan Closing Costs
$7,949
Total Refinance Cost
$92,298
Total Cash Out Proceeds
$60,155

Loan Terms
New Loan Amount
$152,453
Monthly Loan Payment
$1,040
Interest Rate
7.25%
Property Net Cash Flow
$24,148
Annual Loan Payment
$12,480
Debt Coverage Ratio
1.93

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,067
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)
$2,317
Misc.
Total Loan Closing
$7,949

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,535
Hazard Insurance
%
$2,317
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,352
Net Operating Income
$24,148
Annual Loan Payment
$12,480
Net Cash Flow After Debt Service
$11,668
Debt Coverage Ratio
1.93
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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.