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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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$85,070

Cash Out Proceeds

$3,463

Annual Net Cash Flow

$1,410

New Loan Payment

1.2

Debt Service Coverage

Refinance Cost
New Loan Amount
$206,730
Current Loan Payoff
$110,300
Loan Points
$4,135
Loan Closing Costs
$7,225
Total Refinance Cost
$121,660
Total Cash Out Proceeds
$85,070

Loan Terms
New Loan Amount
$206,730
Monthly Loan Payment
$1,410
Interest Rate
7.25%
Property Net Cash Flow
$20,386
Annual Loan Payment
$16,923
Debt Coverage Ratio
1.2

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,447
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)
$1,213
Misc.
Total Loan Closing
$7,225

Rental Income
Monthly Market Rent
$2,300
Potential Gross Rent
$27,600
Vacancy Factor
%
$1,380
Effective Gross Rent
$26,220
Property Taxes
%
$4,121
Hazard Insurance
%
$1,213
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,834
Net Operating Income
$20,386
Annual Loan Payment
$16,923
Net Cash Flow After Debt Service
$3,463
Debt Coverage Ratio
1.2
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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.