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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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$97,648

Cash Out Proceeds

$4,909

Annual Net Cash Flow

$1,608

New Loan Payment

1.25

Debt Service Coverage

Refinance Cost
New Loan Amount
$235,658
Current Loan Payoff
$125,700
Loan Points
$4,713
Loan Closing Costs
$7,597
Total Refinance Cost
$138,010
Total Cash Out Proceeds
$97,648

Loan Terms
New Loan Amount
$235,658
Monthly Loan Payment
$1,608
Interest Rate
7.25%
Property Net Cash Flow
$24,200
Annual Loan Payment
$19,291
Debt Coverage Ratio
1.25

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,650
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)
$1,383
Misc.
Total Loan Closing
$7,597

Rental Income
Monthly Market Rent
$2,700
Potential Gross Rent
$32,400
Vacancy Factor
%
$1,620
Effective Gross Rent
$30,780
Property Taxes
%
$4,697
Hazard Insurance
%
$1,383
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,580
Net Operating Income
$24,200
Annual Loan Payment
$19,291
Net Cash Flow After Debt Service
$4,909
Debt Coverage Ratio
1.25
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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.