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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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$65,119

Cash Out Proceeds

$11,517

Annual Net Cash Flow

$1,096

New Loan Payment

1.88

Debt Service Coverage

Refinance Cost
New Loan Amount
$160,665
Current Loan Payoff
$85,700
Loan Points
$3,213
Loan Closing Costs
$6,632
Total Refinance Cost
$95,546
Total Cash Out Proceeds
$65,119

Loan Terms
New Loan Amount
$160,665
Monthly Loan Payment
$1,096
Interest Rate
7.25%
Property Net Cash Flow
$24,669
Annual Loan Payment
$13,152
Debt Coverage Ratio
1.88

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,125
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)
$943
Misc.
Total Loan Closing
$6,632

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,389
Hazard Insurance
%
$943
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,831
Net Operating Income
$24,669
Annual Loan Payment
$13,152
Net Cash Flow After Debt Service
$11,517
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.