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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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$80,794

Cash Out Proceeds

$4,540

Annual Net Cash Flow

$1,342

New Loan Payment

1.28

Debt Service Coverage

Refinance Cost
New Loan Amount
$196,725
Current Loan Payoff
$104,900
Loan Points
$3,935
Loan Closing Costs
$7,096
Total Refinance Cost
$115,931
Total Cash Out Proceeds
$80,794

Loan Terms
New Loan Amount
$196,725
Monthly Loan Payment
$1,342
Interest Rate
7.25%
Property Net Cash Flow
$20,644
Annual Loan Payment
$16,104
Debt Coverage Ratio
1.28

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,377
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)
$1,154
Misc.
Total Loan Closing
$7,096

Rental Income
Monthly Market Rent
$2,300
Potential Gross Rent
$27,600
Vacancy Factor
%
$1,380
Effective Gross Rent
$26,220
Property Taxes
%
$3,921
Hazard Insurance
%
$1,154
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,576
Net Operating Income
$20,644
Annual Loan Payment
$16,104
Net Cash Flow After Debt Service
$4,540
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.