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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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$60,026

Cash Out Proceeds

$3,367

Annual Net Cash Flow

$1,016

New Loan Payment

1.28

Debt Service Coverage

Refinance Cost
New Loan Amount
$148,988
Current Loan Payoff
$79,500
Loan Points
$2,980
Loan Closing Costs
$6,482
Total Refinance Cost
$88,962
Total Cash Out Proceeds
$60,026

Loan Terms
New Loan Amount
$148,988
Monthly Loan Payment
$1,016
Interest Rate
7.25%
Property Net Cash Flow
$15,563
Annual Loan Payment
$12,196
Debt Coverage Ratio
1.28

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,043
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)
$874
Misc.
Total Loan Closing
$6,482

Rental Income
Monthly Market Rent
$1,700
Potential Gross Rent
$20,400
Vacancy Factor
%
$1,020
Effective Gross Rent
$19,380
Property Taxes
%
$2,443
Hazard Insurance
%
$874
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,817
Net Operating Income
$15,563
Annual Loan Payment
$12,196
Net Cash Flow After Debt Service
$3,367
Debt Coverage Ratio
1.28
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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.