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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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$63,116

Cash Out Proceeds

$11,204

Annual Net Cash Flow

$1,064

New Loan Payment

1.88

Debt Service Coverage

Refinance Cost
New Loan Amount
$156,008
Current Loan Payoff
$83,200
Loan Points
$3,120
Loan Closing Costs
$6,572
Total Refinance Cost
$92,892
Total Cash Out Proceeds
$63,116

Loan Terms
New Loan Amount
$156,008
Monthly Loan Payment
$1,064
Interest Rate
7.25%
Property Net Cash Flow
$23,975
Annual Loan Payment
$12,771
Debt Coverage Ratio
1.88

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,092
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)
$915
Misc.
Total Loan Closing
$6,572

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,110
Hazard Insurance
%
$915
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,525
Net Operating Income
$23,975
Annual Loan Payment
$12,771
Net Cash Flow After Debt Service
$11,204
Debt Coverage Ratio
1.88
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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.