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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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$66,065

Cash Out Proceeds

$4,775

Annual Net Cash Flow

$1,110

New Loan Payment

1.36

Debt Service Coverage

Refinance Cost
New Loan Amount
$162,780
Current Loan Payoff
$86,800
Loan Points
$3,256
Loan Closing Costs
$6,659
Total Refinance Cost
$96,715
Total Cash Out Proceeds
$66,065

Loan Terms
New Loan Amount
$162,780
Monthly Loan Payment
$1,110
Interest Rate
7.25%
Property Net Cash Flow
$18,100
Annual Loan Payment
$13,325
Debt Coverage Ratio
1.36

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,139
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)
$955
Misc.
Total Loan Closing
$6,659

Rental Income
Monthly Market Rent
$2,000
Potential Gross Rent
$24,000
Vacancy Factor
%
$1,200
Effective Gross Rent
$22,800
Property Taxes
%
$3,245
Hazard Insurance
%
$955
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,700
Net Operating Income
$18,100
Annual Loan Payment
$13,325
Net Cash Flow After Debt Service
$4,775
Debt Coverage Ratio
1.36
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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.