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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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$62,375

Cash Out Proceeds

$-3,977

Annual Net Cash Flow

$1,052

New Loan Payment

0.68

Debt Service Coverage

Refinance Cost
New Loan Amount
$154,208
Current Loan Payoff
$82,200
Loan Points
$3,084
Loan Closing Costs
$6,549
Total Refinance Cost
$91,833
Total Cash Out Proceeds
$62,375

Loan Terms
New Loan Amount
$154,208
Monthly Loan Payment
$1,052
Interest Rate
7.25%
Property Net Cash Flow
$8,647
Annual Loan Payment
$12,624
Debt Coverage Ratio
0.68

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,079
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)
$905
Misc.
Total Loan Closing
$6,549

Rental Income
Monthly Market Rent
$1,100
Potential Gross Rent
$13,200
Vacancy Factor
%
$660
Effective Gross Rent
$12,540
Property Taxes
%
$2,488
Hazard Insurance
%
$905
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,893
Net Operating Income
$8,647
Annual Loan Payment
$12,624
Net Cash Flow After Debt Service
$-3,977
Debt Coverage Ratio
0.68
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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.