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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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$43,744

Cash Out Proceeds

$2,319

Annual Net Cash Flow

$760

New Loan Payment

1.25

Debt Service Coverage

Refinance Cost
New Loan Amount
$111,473
Current Loan Payoff
$59,500
Loan Points
$2,229
Loan Closing Costs
$5,999
Total Refinance Cost
$67,729
Total Cash Out Proceeds
$43,744

Loan Terms
New Loan Amount
$111,473
Monthly Loan Payment
$760
Interest Rate
7.25%
Property Net Cash Flow
$11,444
Annual Loan Payment
$9,125
Debt Coverage Ratio
1.25

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$780
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)
$654
Misc.
Total Loan Closing
$5,999

Rental Income
Monthly Market Rent
$1,300
Potential Gross Rent
$15,600
Vacancy Factor
%
$780
Effective Gross Rent
$14,820
Property Taxes
%
$2,222
Hazard Insurance
%
$654
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,376
Net Operating Income
$11,444
Annual Loan Payment
$9,125
Net Cash Flow After Debt Service
$2,319
Debt Coverage Ratio
1.25
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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.