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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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$59,780

Cash Out Proceeds

$-509

Annual Net Cash Flow

$1,012

New Loan Payment

0.96

Debt Service Coverage

Refinance Cost
New Loan Amount
$148,320
Current Loan Payoff
$79,100
Loan Points
$2,966
Loan Closing Costs
$6,473
Total Refinance Cost
$88,540
Total Cash Out Proceeds
$59,780

Loan Terms
New Loan Amount
$148,320
Monthly Loan Payment
$1,012
Interest Rate
7.25%
Property Net Cash Flow
$11,633
Annual Loan Payment
$12,142
Debt Coverage Ratio
0.96

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,038
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)
$870
Misc.
Total Loan Closing
$6,473

Rental Income
Monthly Market Rent
$1,400
Potential Gross Rent
$16,800
Vacancy Factor
%
$840
Effective Gross Rent
$15,960
Property Taxes
%
$2,957
Hazard Insurance
%
$870
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,327
Net Operating Income
$11,633
Annual Loan Payment
$12,142
Net Cash Flow After Debt Service
$-509
Debt Coverage Ratio
0.96
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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.