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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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$34,847

Cash Out Proceeds

$10,004

Annual Net Cash Flow

$620

New Loan Payment

2.34

Debt Service Coverage

Refinance Cost
New Loan Amount
$90,900
Current Loan Payoff
$48,500
Loan Points
$1,818
Loan Closing Costs
$5,735
Total Refinance Cost
$56,053
Total Cash Out Proceeds
$34,847

Loan Terms
New Loan Amount
$90,900
Monthly Loan Payment
$620
Interest Rate
7.25%
Property Net Cash Flow
$17,445
Annual Loan Payment
$7,441
Debt Coverage Ratio
2.34

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$636
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)
$533
Misc.
Total Loan Closing
$5,735

Rental Income
Monthly Market Rent
$1,800
Potential Gross Rent
$21,600
Vacancy Factor
%
$1,080
Effective Gross Rent
$20,520
Property Taxes
%
$2,042
Hazard Insurance
%
$533
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,076
Net Operating Income
$17,445
Annual Loan Payment
$7,441
Net Cash Flow After Debt Service
$10,004
Debt Coverage Ratio
2.34
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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.