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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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$37,893

Cash Out Proceeds

$17,959

Annual Net Cash Flow

$668

New Loan Payment

3.24

Debt Service Coverage

Refinance Cost
New Loan Amount
$97,875
Current Loan Payoff
$52,200
Loan Points
$1,958
Loan Closing Costs
$5,824
Total Refinance Cost
$59,982
Total Cash Out Proceeds
$37,893

Loan Terms
New Loan Amount
$97,875
Monthly Loan Payment
$668
Interest Rate
7.25%
Property Net Cash Flow
$25,971
Annual Loan Payment
$8,012
Debt Coverage Ratio
3.24

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$685
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)
$574
Misc.
Total Loan Closing
$5,824

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,455
Hazard Insurance
%
$574
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$2,529
Net Operating Income
$25,971
Annual Loan Payment
$8,012
Net Cash Flow After Debt Service
$17,959
Debt Coverage Ratio
3.24
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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.