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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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$78,651

Cash Out Proceeds

$7,348

Annual Net Cash Flow

$1,309

New Loan Payment

1.47

Debt Service Coverage

Refinance Cost
New Loan Amount
$191,820
Current Loan Payoff
$102,300
Loan Points
$3,836
Loan Closing Costs
$7,033
Total Refinance Cost
$113,169
Total Cash Out Proceeds
$78,651

Loan Terms
New Loan Amount
$191,820
Monthly Loan Payment
$1,309
Interest Rate
7.25%
Property Net Cash Flow
$23,051
Annual Loan Payment
$15,703
Debt Coverage Ratio
1.47

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,343
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)
$1,125
Misc.
Total Loan Closing
$7,033

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,824
Hazard Insurance
%
$1,125
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,449
Net Operating Income
$23,051
Annual Loan Payment
$15,703
Net Cash Flow After Debt Service
$7,348
Debt Coverage Ratio
1.47
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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.