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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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$87,030

Cash Out Proceeds

$6,779

Annual Net Cash Flow

$1,441

New Loan Payment

1.39

Debt Service Coverage

Refinance Cost
New Loan Amount
$211,238
Current Loan Payoff
$112,700
Loan Points
$4,225
Loan Closing Costs
$7,283
Total Refinance Cost
$124,208
Total Cash Out Proceeds
$87,030

Loan Terms
New Loan Amount
$211,238
Monthly Loan Payment
$1,441
Interest Rate
7.25%
Property Net Cash Flow
$24,071
Annual Loan Payment
$17,292
Debt Coverage Ratio
1.39

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,479
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)
$1,239
Misc.
Total Loan Closing
$7,283

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,690
Hazard Insurance
%
$1,239
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,429
Net Operating Income
$24,071
Annual Loan Payment
$17,292
Net Cash Flow After Debt Service
$6,779
Debt Coverage Ratio
1.39
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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.