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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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$98,658

Cash Out Proceeds

$2,394

Annual Net Cash Flow

$1,623

New Loan Payment

1.12

Debt Service Coverage

Refinance Cost
New Loan Amount
$237,840
Current Loan Payoff
$126,800
Loan Points
$4,757
Loan Closing Costs
$7,625
Total Refinance Cost
$139,182
Total Cash Out Proceeds
$98,658

Loan Terms
New Loan Amount
$237,840
Monthly Loan Payment
$1,623
Interest Rate
7.25%
Property Net Cash Flow
$21,864
Annual Loan Payment
$19,470
Debt Coverage Ratio
1.12

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,665
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)
$1,395
Misc.
Total Loan Closing
$7,625

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$4,741
Hazard Insurance
%
$1,395
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,636
Net Operating Income
$21,864
Annual Loan Payment
$19,470
Net Cash Flow After Debt Service
$2,394
Debt Coverage Ratio
1.12
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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.