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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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$80,715

Cash Out Proceeds

$7,970

Annual Net Cash Flow

$1,341

New Loan Payment

1.5

Debt Service Coverage

Refinance Cost
New Loan Amount
$196,643
Current Loan Payoff
$104,900
Loan Points
$3,933
Loan Closing Costs
$7,095
Total Refinance Cost
$115,928
Total Cash Out Proceeds
$80,715

Loan Terms
New Loan Amount
$196,643
Monthly Loan Payment
$1,341
Interest Rate
7.25%
Property Net Cash Flow
$24,067
Annual Loan Payment
$16,097
Debt Coverage Ratio
1.5

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,376
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)
$1,154
Misc.
Total Loan Closing
$7,095

Rental Income
Monthly Market Rent
$2,600
Potential Gross Rent
$31,200
Vacancy Factor
%
$1,560
Effective Gross Rent
$29,640
Property Taxes
%
$3,920
Hazard Insurance
%
$1,154
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,573
Net Operating Income
$24,067
Annual Loan Payment
$16,097
Net Cash Flow After Debt Service
$7,970
Debt Coverage Ratio
1.5
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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.