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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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$79,359

Cash Out Proceeds

$7,181

Annual Net Cash Flow

$1,319

New Loan Payment

1.45

Debt Service Coverage

Refinance Cost
New Loan Amount
$193,380
Current Loan Payoff
$103,100
Loan Points
$3,868
Loan Closing Costs
$7,053
Total Refinance Cost
$114,021
Total Cash Out Proceeds
$79,359

Loan Terms
New Loan Amount
$193,380
Monthly Loan Payment
$1,319
Interest Rate
7.25%
Property Net Cash Flow
$23,011
Annual Loan Payment
$15,830
Debt Coverage Ratio
1.45

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,354
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)
$1,134
Misc.
Total Loan Closing
$7,053

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,855
Hazard Insurance
%
$1,134
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,489
Net Operating Income
$23,011
Annual Loan Payment
$15,830
Net Cash Flow After Debt Service
$7,181
Debt Coverage Ratio
1.45
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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.