127000

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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$80,920

Cash Out Proceeds

$4,515

Annual Net Cash Flow

$1,344

New Loan Payment

1.28

Debt Service Coverage

Refinance Cost
New Loan Amount
$196,958
Current Loan Payoff
$105,000
Loan Points
$3,939
Loan Closing Costs
$7,099
Total Refinance Cost
$116,038
Total Cash Out Proceeds
$80,920

Loan Terms
New Loan Amount
$196,958
Monthly Loan Payment
$1,344
Interest Rate
7.25%
Property Net Cash Flow
$20,638
Annual Loan Payment
$16,123
Debt Coverage Ratio
1.28

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,379
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)
$1,155
Misc.
Total Loan Closing
$7,099

Rental Income
Monthly Market Rent
$2,300
Potential Gross Rent
$27,600
Vacancy Factor
%
$1,380
Effective Gross Rent
$26,220
Property Taxes
%
$3,926
Hazard Insurance
%
$1,155
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,582
Net Operating Income
$20,638
Annual Loan Payment
$16,123
Net Cash Flow After Debt Service
$4,515
Debt Coverage Ratio
1.28
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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.