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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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$79,414

Cash Out Proceeds

$10,116

Annual Net Cash Flow

$1,321

New Loan Payment

1.64

Debt Service Coverage

Refinance Cost
New Loan Amount
$193,643
Current Loan Payoff
$103,300
Loan Points
$3,873
Loan Closing Costs
$7,057
Total Refinance Cost
$114,229
Total Cash Out Proceeds
$79,414

Loan Terms
New Loan Amount
$193,643
Monthly Loan Payment
$1,321
Interest Rate
7.25%
Property Net Cash Flow
$25,968
Annual Loan Payment
$15,852
Debt Coverage Ratio
1.64

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,355
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)
$1,136
Misc.
Total Loan Closing
$7,057

Rental Income
Monthly Market Rent
$2,700
Potential Gross Rent
$32,400
Vacancy Factor
%
$1,620
Effective Gross Rent
$30,780
Property Taxes
%
$3,176
Hazard Insurance
%
$1,136
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,812
Net Operating Income
$25,968
Annual Loan Payment
$15,852
Net Cash Flow After Debt Service
$10,116
Debt Coverage Ratio
1.64
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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.