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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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$107,259

Cash Out Proceeds

$3,297

Annual Net Cash Flow

$1,758

New Loan Payment

1.16

Debt Service Coverage

Refinance Cost
New Loan Amount
$257,693
Current Loan Payoff
$137,400
Loan Points
$5,154
Loan Closing Costs
$7,881
Total Refinance Cost
$150,434
Total Cash Out Proceeds
$107,259

Loan Terms
New Loan Amount
$257,693
Monthly Loan Payment
$1,758
Interest Rate
7.25%
Property Net Cash Flow
$24,392
Annual Loan Payment
$21,095
Debt Coverage Ratio
1.16

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,804
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)
$1,512
Misc.
Total Loan Closing
$7,881

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,096
Hazard Insurance
%
$1,512
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,108
Net Operating Income
$24,392
Annual Loan Payment
$21,095
Net Cash Flow After Debt Service
$3,297
Debt Coverage Ratio
1.16
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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.