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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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$35,889

Cash Out Proceeds

$5,424

Annual Net Cash Flow

$636

New Loan Payment

1.71

Debt Service Coverage

Refinance Cost
New Loan Amount
$93,218
Current Loan Payoff
$49,700
Loan Points
$1,864
Loan Closing Costs
$5,764
Total Refinance Cost
$57,329
Total Cash Out Proceeds
$35,889

Loan Terms
New Loan Amount
$93,218
Monthly Loan Payment
$636
Interest Rate
7.25%
Property Net Cash Flow
$13,055
Annual Loan Payment
$7,631
Debt Coverage Ratio
1.71

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$653
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)
$547
Misc.
Total Loan Closing
$5,764

Rental Income
Monthly Market Rent
$1,400
Potential Gross Rent
$16,800
Vacancy Factor
%
$840
Effective Gross Rent
$15,960
Property Taxes
%
$1,858
Hazard Insurance
%
$547
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$2,905
Net Operating Income
$13,055
Annual Loan Payment
$7,631
Net Cash Flow After Debt Service
$5,424
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.