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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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$43,039

Cash Out Proceeds

$16,188

Annual Net Cash Flow

$748

New Loan Payment

2.8

Debt Service Coverage

Refinance Cost
New Loan Amount
$109,710
Current Loan Payoff
$58,500
Loan Points
$2,194
Loan Closing Costs
$5,977
Total Refinance Cost
$66,671
Total Cash Out Proceeds
$43,039

Loan Terms
New Loan Amount
$109,710
Monthly Loan Payment
$748
Interest Rate
7.25%
Property Net Cash Flow
$25,169
Annual Loan Payment
$8,981
Debt Coverage Ratio
2.8

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$768
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)
$644
Misc.
Total Loan Closing
$5,977

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,187
Hazard Insurance
%
$644
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,331
Net Operating Income
$25,169
Annual Loan Payment
$8,981
Net Cash Flow After Debt Service
$16,188
Debt Coverage Ratio
2.8
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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.