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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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$42,124

Cash Out Proceeds

$16,402

Annual Net Cash Flow

$735

New Loan Payment

2.86

Debt Service Coverage

Refinance Cost
New Loan Amount
$107,730
Current Loan Payoff
$57,500
Loan Points
$2,155
Loan Closing Costs
$5,951
Total Refinance Cost
$65,606
Total Cash Out Proceeds
$42,124

Loan Terms
New Loan Amount
$107,730
Monthly Loan Payment
$735
Interest Rate
7.25%
Property Net Cash Flow
$25,221
Annual Loan Payment
$8,819
Debt Coverage Ratio
2.86

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$754
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)
$632
Misc.
Total Loan Closing
$5,951

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,147
Hazard Insurance
%
$632
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,279
Net Operating Income
$25,221
Annual Loan Payment
$8,819
Net Cash Flow After Debt Service
$16,402
Debt Coverage Ratio
2.86
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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.