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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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$68,655

Cash Out Proceeds

$9,819

Annual Net Cash Flow

$1,152

New Loan Payment

1.71

Debt Service Coverage

Refinance Cost
New Loan Amount
$168,870
Current Loan Payoff
$90,100
Loan Points
$3,377
Loan Closing Costs
$6,738
Total Refinance Cost
$100,215
Total Cash Out Proceeds
$68,655

Loan Terms
New Loan Amount
$168,870
Monthly Loan Payment
$1,152
Interest Rate
7.25%
Property Net Cash Flow
$23,643
Annual Loan Payment
$13,824
Debt Coverage Ratio
1.71

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,182
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)
$991
Misc.
Total Loan Closing
$6,738

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,366
Hazard Insurance
%
$991
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,857
Net Operating Income
$23,643
Annual Loan Payment
$13,824
Net Cash Flow After Debt Service
$9,819
Debt Coverage Ratio
1.71
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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.