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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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$108,997

Cash Out Proceeds

$3,238

Annual Net Cash Flow

$1,786

New Loan Payment

1.15

Debt Service Coverage

Refinance Cost
New Loan Amount
$261,765
Current Loan Payoff
$139,600
Loan Points
$5,235
Loan Closing Costs
$7,933
Total Refinance Cost
$152,768
Total Cash Out Proceeds
$108,997

Loan Terms
New Loan Amount
$261,765
Monthly Loan Payment
$1,786
Interest Rate
7.25%
Property Net Cash Flow
$24,666
Annual Loan Payment
$21,428
Debt Coverage Ratio
1.15

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,832
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)
$1,536
Misc.
Total Loan Closing
$7,933

Rental Income
Monthly Market Rent
$2,800
Potential Gross Rent
$33,600
Vacancy Factor
%
$1,680
Effective Gross Rent
$31,920
Property Taxes
%
$5,218
Hazard Insurance
%
$1,536
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,254
Net Operating Income
$24,666
Annual Loan Payment
$21,428
Net Cash Flow After Debt Service
$3,238
Debt Coverage Ratio
1.15
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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.