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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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$93,615

Cash Out Proceeds

$3,646

Annual Net Cash Flow

$1,543

New Loan Payment

1.2

Debt Service Coverage

Refinance Cost
New Loan Amount
$226,215
Current Loan Payoff
$120,600
Loan Points
$4,524
Loan Closing Costs
$7,476
Total Refinance Cost
$132,600
Total Cash Out Proceeds
$93,615

Loan Terms
New Loan Amount
$226,215
Monthly Loan Payment
$1,543
Interest Rate
7.25%
Property Net Cash Flow
$22,164
Annual Loan Payment
$18,518
Debt Coverage Ratio
1.2

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,584
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)
$1,327
Misc.
Total Loan Closing
$7,476

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$4,509
Hazard Insurance
%
$1,327
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,336
Net Operating Income
$22,164
Annual Loan Payment
$18,518
Net Cash Flow After Debt Service
$3,646
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.