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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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$60,053

Cash Out Proceeds

$7,130

Annual Net Cash Flow

$1,039

New Loan Payment

1.57

Debt Service Coverage

Refinance Cost
New Loan Amount
$152,243
Current Loan Payoff
$81,200
Loan Points
$3,045
Loan Closing Costs
$7,945
Total Refinance Cost
$92,190
Total Cash Out Proceeds
$60,053

Loan Terms
New Loan Amount
$152,243
Monthly Loan Payment
$1,039
Interest Rate
7.25%
Property Net Cash Flow
$19,593
Annual Loan Payment
$12,463
Debt Coverage Ratio
1.57

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,066
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)
$2,314
Misc.
Total Loan Closing
$7,945

Rental Income
Monthly Market Rent
$2,100
Potential Gross Rent
$25,200
Vacancy Factor
%
$1,260
Effective Gross Rent
$23,940
Property Taxes
%
$1,533
Hazard Insurance
%
$2,314
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,347
Net Operating Income
$19,593
Annual Loan Payment
$12,463
Net Cash Flow After Debt Service
$7,130
Debt Coverage Ratio
1.57
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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.