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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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$64,047

Cash Out Proceeds

$-2,101

Annual Net Cash Flow

$1,079

New Loan Payment

0.84

Debt Service Coverage

Refinance Cost
New Loan Amount
$158,108
Current Loan Payoff
$84,300
Loan Points
$3,162
Loan Closing Costs
$6,599
Total Refinance Cost
$94,061
Total Cash Out Proceeds
$64,047

Loan Terms
New Loan Amount
$158,108
Monthly Loan Payment
$1,079
Interest Rate
7.25%
Property Net Cash Flow
$10,842
Annual Loan Payment
$12,943
Debt Coverage Ratio
0.84

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,107
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)
$928
Misc.
Total Loan Closing
$6,599

Rental Income
Monthly Market Rent
$1,300
Potential Gross Rent
$15,600
Vacancy Factor
%
$780
Effective Gross Rent
$14,820
Property Taxes
%
$2,551
Hazard Insurance
%
$928
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,978
Net Operating Income
$10,842
Annual Loan Payment
$12,943
Net Cash Flow After Debt Service
$-2,101
Debt Coverage Ratio
0.84
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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.