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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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$87,900

Cash Out Proceeds

$5,061

Annual Net Cash Flow

$1,454

New Loan Payment

1.29

Debt Service Coverage

Refinance Cost
New Loan Amount
$213,068
Current Loan Payoff
$113,600
Loan Points
$4,261
Loan Closing Costs
$7,306
Total Refinance Cost
$125,168
Total Cash Out Proceeds
$87,900

Loan Terms
New Loan Amount
$213,068
Monthly Loan Payment
$1,454
Interest Rate
7.25%
Property Net Cash Flow
$22,503
Annual Loan Payment
$17,442
Debt Coverage Ratio
1.29

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,491
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)
$1,250
Misc.
Total Loan Closing
$7,306

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$4,247
Hazard Insurance
%
$1,250
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,997
Net Operating Income
$22,503
Annual Loan Payment
$17,442
Net Cash Flow After Debt Service
$5,061
Debt Coverage Ratio
1.29
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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.