126875

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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$80,662

Cash Out Proceeds

$7

Annual Net Cash Flow

$1,340

New Loan Payment

1

Debt Service Coverage

Refinance Cost
New Loan Amount
$196,485
Current Loan Payoff
$104,800
Loan Points
$3,930
Loan Closing Costs
$7,093
Total Refinance Cost
$115,823
Total Cash Out Proceeds
$80,662

Loan Terms
New Loan Amount
$196,485
Monthly Loan Payment
$1,340
Interest Rate
7.25%
Property Net Cash Flow
$16,091
Annual Loan Payment
$16,084
Debt Coverage Ratio
1

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,375
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)
$1,153
Misc.
Total Loan Closing
$7,093

Rental Income
Monthly Market Rent
$1,900
Potential Gross Rent
$22,800
Vacancy Factor
%
$1,140
Effective Gross Rent
$21,660
Property Taxes
%
$3,917
Hazard Insurance
%
$1,153
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,569
Net Operating Income
$16,091
Annual Loan Payment
$16,084
Net Cash Flow After Debt Service
$7
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.