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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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$350,956

Cash Out Proceeds

$10,572

Annual Net Cash Flow

$5,592

New Loan Payment

1.16

Debt Service Coverage

Refinance Cost
New Loan Amount
$819,660
Current Loan Payoff
$437,200
Loan Points
$16,393
Loan Closing Costs
$15,111
Total Refinance Cost
$468,704
Total Cash Out Proceeds
$350,956

Loan Terms
New Loan Amount
$819,660
Monthly Loan Payment
$5,592
Interest Rate
7.25%
Property Net Cash Flow
$77,670
Annual Loan Payment
$67,098
Debt Coverage Ratio
1.16

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$5,738
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)
$4,809
Misc.
Total Loan Closing
$15,111

Rental Income
Monthly Market Rent
$7,600
Potential Gross Rent
$91,200
Vacancy Factor
%
$4,560
Effective Gross Rent
$86,640
Property Taxes
%
$3,661
Hazard Insurance
%
$4,809
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,970
Net Operating Income
$77,670
Annual Loan Payment
$67,098
Net Cash Flow After Debt Service
$10,572
Debt Coverage Ratio
1.16
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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.