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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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$108,191

Cash Out Proceeds

$19

Annual Net Cash Flow

$1,773

New Loan Payment

1

Debt Service Coverage

Refinance Cost
New Loan Amount
$259,898
Current Loan Payoff
$138,600
Loan Points
$5,198
Loan Closing Costs
$7,909
Total Refinance Cost
$151,707
Total Cash Out Proceeds
$108,191

Loan Terms
New Loan Amount
$259,898
Monthly Loan Payment
$1,773
Interest Rate
7.25%
Property Net Cash Flow
$21,295
Annual Loan Payment
$21,276
Debt Coverage Ratio
1

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,819
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)
$1,525
Misc.
Total Loan Closing
$7,909

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$5,181
Hazard Insurance
%
$1,525
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,205
Net Operating Income
$21,295
Annual Loan Payment
$21,276
Net Cash Flow After Debt Service
$19
Debt Coverage Ratio
1
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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.