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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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$110,267

Cash Out Proceeds

$-821

Annual Net Cash Flow

$1,805

New Loan Payment

0.96

Debt Service Coverage

Refinance Cost
New Loan Amount
$264,630
Current Loan Payoff
$141,100
Loan Points
$5,293
Loan Closing Costs
$7,970
Total Refinance Cost
$154,363
Total Cash Out Proceeds
$110,267

Loan Terms
New Loan Amount
$264,630
Monthly Loan Payment
$1,805
Interest Rate
7.25%
Property Net Cash Flow
$20,842
Annual Loan Payment
$21,663
Debt Coverage Ratio
0.96

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,852
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)
$1,552
Misc.
Total Loan Closing
$7,970

Rental Income
Monthly Market Rent
$2,700
Potential Gross Rent
$32,400
Vacancy Factor
%
$1,620
Effective Gross Rent
$30,780
Property Taxes
%
$7,886
Hazard Insurance
%
$1,552
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$9,938
Net Operating Income
$20,842
Annual Loan Payment
$21,663
Net Cash Flow After Debt Service
$-821
Debt Coverage Ratio
0.96
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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.