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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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$62,621

Cash Out Proceeds

$12,185

Annual Net Cash Flow

$1,080

New Loan Payment

1.94

Debt Service Coverage

Refinance Cost
New Loan Amount
$158,265
Current Loan Payoff
$84,400
Loan Points
$3,165
Loan Closing Costs
$8,078
Total Refinance Cost
$95,644
Total Cash Out Proceeds
$62,621

Loan Terms
New Loan Amount
$158,265
Monthly Loan Payment
$1,080
Interest Rate
7.25%
Property Net Cash Flow
$25,141
Annual Loan Payment
$12,956
Debt Coverage Ratio
1.94

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,108
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)
$2,406
Misc.
Total Loan Closing
$8,078

Rental Income
Monthly Market Rent
$2,600
Potential Gross Rent
$31,200
Vacancy Factor
%
$1,560
Effective Gross Rent
$29,640
Property Taxes
%
$1,593
Hazard Insurance
%
$2,406
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,499
Net Operating Income
$25,141
Annual Loan Payment
$12,956
Net Cash Flow After Debt Service
$12,185
Debt Coverage Ratio
1.94
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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.