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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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$90,105

Cash Out Proceeds

$5,333

Annual Net Cash Flow

$1,489

New Loan Payment

1.3

Debt Service Coverage

Refinance Cost
New Loan Amount
$218,243
Current Loan Payoff
$116,400
Loan Points
$4,365
Loan Closing Costs
$7,373
Total Refinance Cost
$128,138
Total Cash Out Proceeds
$90,105

Loan Terms
New Loan Amount
$218,243
Monthly Loan Payment
$1,489
Interest Rate
7.25%
Property Net Cash Flow
$23,199
Annual Loan Payment
$17,866
Debt Coverage Ratio
1.3

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,528
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)
$1,280
Misc.
Total Loan Closing
$7,373

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,521
Hazard Insurance
%
$1,280
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,301
Net Operating Income
$23,199
Annual Loan Payment
$17,866
Net Cash Flow After Debt Service
$5,333
Debt Coverage Ratio
1.3
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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.