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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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$61,731

Cash Out Proceeds

$-981

Annual Net Cash Flow

$1,042

New Loan Payment

0.92

Debt Service Coverage

Refinance Cost
New Loan Amount
$152,715
Current Loan Payoff
$81,400
Loan Points
$3,054
Loan Closing Costs
$6,530
Total Refinance Cost
$90,984
Total Cash Out Proceeds
$61,731

Loan Terms
New Loan Amount
$152,715
Monthly Loan Payment
$1,042
Interest Rate
7.25%
Property Net Cash Flow
$11,520
Annual Loan Payment
$12,501
Debt Coverage Ratio
0.92

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,069
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)
$896
Misc.
Total Loan Closing
$6,530

Rental Income
Monthly Market Rent
$1,400
Potential Gross Rent
$16,800
Vacancy Factor
%
$840
Effective Gross Rent
$15,960
Property Taxes
%
$3,044
Hazard Insurance
%
$896
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,440
Net Operating Income
$11,520
Annual Loan Payment
$12,501
Net Cash Flow After Debt Service
$-981
Debt Coverage Ratio
0.92
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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.