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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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$45,043

Cash Out Proceeds

$15,698

Annual Net Cash Flow

$780

New Loan Payment

2.68

Debt Service Coverage

Refinance Cost
New Loan Amount
$114,263
Current Loan Payoff
$60,900
Loan Points
$2,285
Loan Closing Costs
$6,035
Total Refinance Cost
$69,220
Total Cash Out Proceeds
$45,043

Loan Terms
New Loan Amount
$114,263
Monthly Loan Payment
$780
Interest Rate
7.25%
Property Net Cash Flow
$25,052
Annual Loan Payment
$9,354
Debt Coverage Ratio
2.68

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$800
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)
$670
Misc.
Total Loan Closing
$6,035

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,278
Hazard Insurance
%
$670
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,448
Net Operating Income
$25,052
Annual Loan Payment
$9,354
Net Cash Flow After Debt Service
$15,698
Debt Coverage Ratio
2.68
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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.