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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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$104,981

Cash Out Proceeds

$822

Annual Net Cash Flow

$1,722

New Loan Payment

1.04

Debt Service Coverage

Refinance Cost
New Loan Amount
$252,443
Current Loan Payoff
$134,600
Loan Points
$5,049
Loan Closing Costs
$7,813
Total Refinance Cost
$147,462
Total Cash Out Proceeds
$104,981

Loan Terms
New Loan Amount
$252,443
Monthly Loan Payment
$1,722
Interest Rate
7.25%
Property Net Cash Flow
$21,487
Annual Loan Payment
$20,665
Debt Coverage Ratio
1.04

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,767
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)
$1,481
Misc.
Total Loan Closing
$7,813

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$5,032
Hazard Insurance
%
$1,481
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,013
Net Operating Income
$21,487
Annual Loan Payment
$20,665
Net Cash Flow After Debt Service
$822
Debt Coverage Ratio
1.04
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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.