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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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$80,449

Cash Out Proceeds

$-1,267

Annual Net Cash Flow

$1,337

New Loan Payment

0.92

Debt Service Coverage

Refinance Cost
New Loan Amount
$196,058
Current Loan Payoff
$104,600
Loan Points
$3,921
Loan Closing Costs
$7,088
Total Refinance Cost
$115,609
Total Cash Out Proceeds
$80,449

Loan Terms
New Loan Amount
$196,058
Monthly Loan Payment
$1,337
Interest Rate
7.25%
Property Net Cash Flow
$14,782
Annual Loan Payment
$16,049
Debt Coverage Ratio
0.92

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,372
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)
$1,150
Misc.
Total Loan Closing
$7,088

Rental Income
Monthly Market Rent
$1,900
Potential Gross Rent
$22,800
Vacancy Factor
%
$1,140
Effective Gross Rent
$21,660
Property Taxes
%
$5,228
Hazard Insurance
%
$1,150
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,878
Net Operating Income
$14,782
Annual Loan Payment
$16,049
Net Cash Flow After Debt Service
$-1,267
Debt Coverage Ratio
0.92
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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.