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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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$66,309

Cash Out Proceeds

$11,547

Annual Net Cash Flow

$1,114

New Loan Payment

1.86

Debt Service Coverage

Refinance Cost
New Loan Amount
$163,343
Current Loan Payoff
$87,100
Loan Points
$3,267
Loan Closing Costs
$6,667
Total Refinance Cost
$97,034
Total Cash Out Proceeds
$66,309

Loan Terms
New Loan Amount
$163,343
Monthly Loan Payment
$1,114
Interest Rate
7.25%
Property Net Cash Flow
$24,918
Annual Loan Payment
$13,371
Debt Coverage Ratio
1.86

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,143
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)
$958
Misc.
Total Loan Closing
$6,667

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,123
Hazard Insurance
%
$958
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,582
Net Operating Income
$24,918
Annual Loan Payment
$13,371
Net Cash Flow After Debt Service
$11,547
Debt Coverage Ratio
1.86
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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.