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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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$80,759

Cash Out Proceeds

$-816

Annual Net Cash Flow

$1,342

New Loan Payment

0.95

Debt Service Coverage

Refinance Cost
New Loan Amount
$196,688
Current Loan Payoff
$104,900
Loan Points
$3,934
Loan Closing Costs
$7,096
Total Refinance Cost
$115,929
Total Cash Out Proceeds
$80,759

Loan Terms
New Loan Amount
$196,688
Monthly Loan Payment
$1,342
Interest Rate
7.25%
Property Net Cash Flow
$15,285
Annual Loan Payment
$16,101
Debt Coverage Ratio
0.95

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,377
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)
$1,154
Misc.
Total Loan Closing
$7,096

Rental Income
Monthly Market Rent
$2,000
Potential Gross Rent
$24,000
Vacancy Factor
%
$1,200
Effective Gross Rent
$22,800
Property Taxes
%
$5,861
Hazard Insurance
%
$1,154
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,515
Net Operating Income
$15,285
Annual Loan Payment
$16,101
Net Cash Flow After Debt Service
$-816
Debt Coverage Ratio
0.95
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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.