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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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$101,610

Cash Out Proceeds

$1,262

Annual Net Cash Flow

$1,669

New Loan Payment

1.06

Debt Service Coverage

Refinance Cost
New Loan Amount
$244,718
Current Loan Payoff
$130,500
Loan Points
$4,894
Loan Closing Costs
$7,714
Total Refinance Cost
$143,108
Total Cash Out Proceeds
$101,610

Loan Terms
New Loan Amount
$244,718
Monthly Loan Payment
$1,669
Interest Rate
7.25%
Property Net Cash Flow
$21,295
Annual Loan Payment
$20,033
Debt Coverage Ratio
1.06

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,713
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)
$1,436
Misc.
Total Loan Closing
$7,714

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$5,270
Hazard Insurance
%
$1,436
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,205
Net Operating Income
$21,295
Annual Loan Payment
$20,033
Net Cash Flow After Debt Service
$1,262
Debt Coverage Ratio
1.06
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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.