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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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$81,720

Cash Out Proceeds

$12,523

Annual Net Cash Flow

$1,357

New Loan Payment

1.77

Debt Service Coverage

Refinance Cost
New Loan Amount
$198,923
Current Loan Payoff
$106,100
Loan Points
$3,978
Loan Closing Costs
$7,124
Total Refinance Cost
$117,203
Total Cash Out Proceeds
$81,720

Loan Terms
New Loan Amount
$198,923
Monthly Loan Payment
$1,357
Interest Rate
7.25%
Property Net Cash Flow
$28,807
Annual Loan Payment
$16,284
Debt Coverage Ratio
1.77

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,392
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)
$1,167
Misc.
Total Loan Closing
$7,124

Rental Income
Monthly Market Rent
$2,900
Potential Gross Rent
$34,800
Vacancy Factor
%
$1,740
Effective Gross Rent
$33,060
Property Taxes
%
$2,586
Hazard Insurance
%
$1,167
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,253
Net Operating Income
$28,807
Annual Loan Payment
$16,284
Net Cash Flow After Debt Service
$12,523
Debt Coverage Ratio
1.77
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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.