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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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$25,937

Cash Out Proceeds

$20,102

Annual Net Cash Flow

$480

New Loan Payment

4.49

Debt Service Coverage

Refinance Cost
New Loan Amount
$70,313
Current Loan Payoff
$37,500
Loan Points
$1,406
Loan Closing Costs
$5,470
Total Refinance Cost
$44,376
Total Cash Out Proceeds
$25,937

Loan Terms
New Loan Amount
$70,313
Monthly Loan Payment
$480
Interest Rate
7.25%
Property Net Cash Flow
$25,858
Annual Loan Payment
$5,756
Debt Coverage Ratio
4.49

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$492
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)
$413
Misc.
Total Loan Closing
$5,470

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,730
Hazard Insurance
%
$413
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$2,642
Net Operating Income
$25,858
Annual Loan Payment
$5,756
Net Cash Flow After Debt Service
$20,102
Debt Coverage Ratio
4.49
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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.