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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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$43,366

Cash Out Proceeds

$16,096

Annual Net Cash Flow

$754

New Loan Payment

2.78

Debt Service Coverage

Refinance Cost
New Loan Amount
$110,565
Current Loan Payoff
$59,000
Loan Points
$2,211
Loan Closing Costs
$5,988
Total Refinance Cost
$67,199
Total Cash Out Proceeds
$43,366

Loan Terms
New Loan Amount
$110,565
Monthly Loan Payment
$754
Interest Rate
7.25%
Property Net Cash Flow
$25,147
Annual Loan Payment
$9,051
Debt Coverage Ratio
2.78

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$774
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)
$649
Misc.
Total Loan Closing
$5,988

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,204
Hazard Insurance
%
$649
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,353
Net Operating Income
$25,147
Annual Loan Payment
$9,051
Net Cash Flow After Debt Service
$16,096
Debt Coverage Ratio
2.78
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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.