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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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$86,340

Cash Out Proceeds

$5,046

Annual Net Cash Flow

$1,429

New Loan Payment

1.29

Debt Service Coverage

Refinance Cost
New Loan Amount
$209,490
Current Loan Payoff
$111,700
Loan Points
$4,190
Loan Closing Costs
$7,260
Total Refinance Cost
$123,150
Total Cash Out Proceeds
$86,340

Loan Terms
New Loan Amount
$209,490
Monthly Loan Payment
$1,429
Interest Rate
7.25%
Property Net Cash Flow
$22,195
Annual Loan Payment
$17,149
Debt Coverage Ratio
1.29

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,466
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)
$1,229
Misc.
Total Loan Closing
$7,260

Rental Income
Monthly Market Rent
$2,400
Potential Gross Rent
$28,800
Vacancy Factor
%
$1,440
Effective Gross Rent
$27,360
Property Taxes
%
$3,436
Hazard Insurance
%
$1,229
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,165
Net Operating Income
$22,195
Annual Loan Payment
$17,149
Net Cash Flow After Debt Service
$5,046
Debt Coverage Ratio
1.29
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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.