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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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$67,832

Cash Out Proceeds

$3,204

Annual Net Cash Flow

$1,138

New Loan Payment

1.23

Debt Service Coverage

Refinance Cost
New Loan Amount
$166,778
Current Loan Payoff
$88,900
Loan Points
$3,336
Loan Closing Costs
$6,711
Total Refinance Cost
$98,946
Total Cash Out Proceeds
$67,832

Loan Terms
New Loan Amount
$166,778
Monthly Loan Payment
$1,138
Interest Rate
7.25%
Property Net Cash Flow
$16,857
Annual Loan Payment
$13,653
Debt Coverage Ratio
1.23

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,167
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)
$978
Misc.
Total Loan Closing
$6,711

Rental Income
Monthly Market Rent
$1,900
Potential Gross Rent
$22,800
Vacancy Factor
%
$1,140
Effective Gross Rent
$21,660
Property Taxes
%
$3,324
Hazard Insurance
%
$978
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,803
Net Operating Income
$16,857
Annual Loan Payment
$13,653
Net Cash Flow After Debt Service
$3,204
Debt Coverage Ratio
1.23
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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.