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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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$69,461

Cash Out Proceeds

$7,338

Annual Net Cash Flow

$1,165

New Loan Payment

1.53

Debt Service Coverage

Refinance Cost
New Loan Amount
$170,738
Current Loan Payoff
$91,100
Loan Points
$3,415
Loan Closing Costs
$6,762
Total Refinance Cost
$101,277
Total Cash Out Proceeds
$69,461

Loan Terms
New Loan Amount
$170,738
Monthly Loan Payment
$1,165
Interest Rate
7.25%
Property Net Cash Flow
$21,315
Annual Loan Payment
$13,977
Debt Coverage Ratio
1.53

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,195
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)
$1,002
Misc.
Total Loan Closing
$6,762

Rental Income
Monthly Market Rent
$2,300
Potential Gross Rent
$27,600
Vacancy Factor
%
$1,380
Effective Gross Rent
$26,220
Property Taxes
%
$3,403
Hazard Insurance
%
$1,002
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,905
Net Operating Income
$21,315
Annual Loan Payment
$13,977
Net Cash Flow After Debt Service
$7,338
Debt Coverage Ratio
1.53
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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.