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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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$77,053

Cash Out Proceeds

$7,749

Annual Net Cash Flow

$1,283

New Loan Payment

1.5

Debt Service Coverage

Refinance Cost
New Loan Amount
$188,100
Current Loan Payoff
$100,300
Loan Points
$3,762
Loan Closing Costs
$6,985
Total Refinance Cost
$111,047
Total Cash Out Proceeds
$77,053

Loan Terms
New Loan Amount
$188,100
Monthly Loan Payment
$1,283
Interest Rate
7.25%
Property Net Cash Flow
$23,147
Annual Loan Payment
$15,398
Debt Coverage Ratio
1.5

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,317
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)
$1,104
Misc.
Total Loan Closing
$6,985

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,749
Hazard Insurance
%
$1,104
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,353
Net Operating Income
$23,147
Annual Loan Payment
$15,398
Net Cash Flow After Debt Service
$7,749
Debt Coverage Ratio
1.5
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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.