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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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$76,721

Cash Out Proceeds

$9,920

Annual Net Cash Flow

$1,278

New Loan Payment

1.65

Debt Service Coverage

Refinance Cost
New Loan Amount
$187,343
Current Loan Payoff
$99,900
Loan Points
$3,747
Loan Closing Costs
$6,975
Total Refinance Cost
$110,622
Total Cash Out Proceeds
$76,721

Loan Terms
New Loan Amount
$187,343
Monthly Loan Payment
$1,278
Interest Rate
7.25%
Property Net Cash Flow
$25,256
Annual Loan Payment
$15,336
Debt Coverage Ratio
1.65

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,311
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)
$1,099
Misc.
Total Loan Closing
$6,975

Rental Income
Monthly Market Rent
$2,600
Potential Gross Rent
$31,200
Vacancy Factor
%
$1,560
Effective Gross Rent
$29,640
Property Taxes
%
$2,785
Hazard Insurance
%
$1,099
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,384
Net Operating Income
$25,256
Annual Loan Payment
$15,336
Net Cash Flow After Debt Service
$9,920
Debt Coverage Ratio
1.65
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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.