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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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$76,624

Cash Out Proceeds

$8,514

Annual Net Cash Flow

$1,277

New Loan Payment

1.56

Debt Service Coverage

Refinance Cost
New Loan Amount
$187,140
Current Loan Payoff
$99,800
Loan Points
$3,743
Loan Closing Costs
$6,973
Total Refinance Cost
$110,516
Total Cash Out Proceeds
$76,624

Loan Terms
New Loan Amount
$187,140
Monthly Loan Payment
$1,277
Interest Rate
7.25%
Property Net Cash Flow
$23,833
Annual Loan Payment
$15,319
Debt Coverage Ratio
1.56

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,310
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)
$1,098
Misc.
Total Loan Closing
$6,973

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,069
Hazard Insurance
%
$1,098
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,667
Net Operating Income
$23,833
Annual Loan Payment
$15,319
Net Cash Flow After Debt Service
$8,514
Debt Coverage Ratio
1.56
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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.