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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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$36,334

Cash Out Proceeds

$17,848

Annual Net Cash Flow

$643

New Loan Payment

3.31

Debt Service Coverage

Refinance Cost
New Loan Amount
$94,298
Current Loan Payoff
$50,300
Loan Points
$1,886
Loan Closing Costs
$5,778
Total Refinance Cost
$57,964
Total Cash Out Proceeds
$36,334

Loan Terms
New Loan Amount
$94,298
Monthly Loan Payment
$643
Interest Rate
7.25%
Property Net Cash Flow
$25,567
Annual Loan Payment
$7,719
Debt Coverage Ratio
3.31

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$660
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)
$553
Misc.
Total Loan Closing
$5,778

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,880
Hazard Insurance
%
$553
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$2,933
Net Operating Income
$25,567
Annual Loan Payment
$7,719
Net Cash Flow After Debt Service
$17,848
Debt Coverage Ratio
3.31
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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.