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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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$53,283

Cash Out Proceeds

$6,794

Annual Net Cash Flow

$910

New Loan Payment

1.62

Debt Service Coverage

Refinance Cost
New Loan Amount
$133,433
Current Loan Payoff
$71,200
Loan Points
$2,669
Loan Closing Costs
$6,282
Total Refinance Cost
$80,150
Total Cash Out Proceeds
$53,283

Loan Terms
New Loan Amount
$133,433
Monthly Loan Payment
$910
Interest Rate
7.25%
Property Net Cash Flow
$17,717
Annual Loan Payment
$10,923
Debt Coverage Ratio
1.62

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$934
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)
$783
Misc.
Total Loan Closing
$6,282

Rental Income
Monthly Market Rent
$1,900
Potential Gross Rent
$22,800
Vacancy Factor
%
$1,140
Effective Gross Rent
$21,660
Property Taxes
%
$2,660
Hazard Insurance
%
$783
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,943
Net Operating Income
$17,717
Annual Loan Payment
$10,923
Net Cash Flow After Debt Service
$6,794
Debt Coverage Ratio
1.62
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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.