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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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$34,641

Cash Out Proceeds

$5,719

Annual Net Cash Flow

$617

New Loan Payment

1.77

Debt Service Coverage

Refinance Cost
New Loan Amount
$90,480
Current Loan Payoff
$48,300
Loan Points
$1,810
Loan Closing Costs
$5,729
Total Refinance Cost
$55,839
Total Cash Out Proceeds
$34,641

Loan Terms
New Loan Amount
$90,480
Monthly Loan Payment
$617
Interest Rate
7.25%
Property Net Cash Flow
$13,126
Annual Loan Payment
$7,407
Debt Coverage Ratio
1.77

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$633
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)
$531
Misc.
Total Loan Closing
$5,729

Rental Income
Monthly Market Rent
$1,400
Potential Gross Rent
$16,800
Vacancy Factor
%
$840
Effective Gross Rent
$15,960
Property Taxes
%
$1,804
Hazard Insurance
%
$531
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$2,834
Net Operating Income
$13,126
Annual Loan Payment
$7,407
Net Cash Flow After Debt Service
$5,719
Debt Coverage Ratio
1.77
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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.