127748

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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$95,319

Cash Out Proceeds

$8,965

Annual Net Cash Flow

$1,571

New Loan Payment

1.48

Debt Service Coverage

Refinance Cost
New Loan Amount
$230,355
Current Loan Payoff
$122,900
Loan Points
$4,607
Loan Closing Costs
$7,529
Total Refinance Cost
$135,036
Total Cash Out Proceeds
$95,319

Loan Terms
New Loan Amount
$230,355
Monthly Loan Payment
$1,571
Interest Rate
7.25%
Property Net Cash Flow
$27,822
Annual Loan Payment
$18,857
Debt Coverage Ratio
1.48

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,612
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)
$1,351
Misc.
Total Loan Closing
$7,529

Rental Income
Monthly Market Rent
$3,100
Potential Gross Rent
$37,200
Vacancy Factor
%
$1,860
Effective Gross Rent
$35,340
Property Taxes
%
$5,667
Hazard Insurance
%
$1,351
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,518
Net Operating Income
$27,822
Annual Loan Payment
$18,857
Net Cash Flow After Debt Service
$8,965
Debt Coverage Ratio
1.48
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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.