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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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$79,363

Cash Out Proceeds

$6,825

Annual Net Cash Flow

$1,348

New Loan Payment

1.42

Debt Service Coverage

Refinance Cost
New Loan Amount
$197,670
Current Loan Payoff
$105,400
Loan Points
$3,953
Loan Closing Costs
$8,953
Total Refinance Cost
$118,307
Total Cash Out Proceeds
$79,363

Loan Terms
New Loan Amount
$197,670
Monthly Loan Payment
$1,348
Interest Rate
7.25%
Property Net Cash Flow
$23,006
Annual Loan Payment
$16,181
Debt Coverage Ratio
1.42

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,384
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)
$3,005
Misc.
Total Loan Closing
$8,953

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,990
Hazard Insurance
%
$3,005
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,494
Net Operating Income
$23,006
Annual Loan Payment
$16,181
Net Cash Flow After Debt Service
$6,825
Debt Coverage Ratio
1.42
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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.