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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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$50,360

Cash Out Proceeds

$15,284

Annual Net Cash Flow

$864

New Loan Payment

2.47

Debt Service Coverage

Refinance Cost
New Loan Amount
$126,585
Current Loan Payoff
$67,500
Loan Points
$2,532
Loan Closing Costs
$6,194
Total Refinance Cost
$76,225
Total Cash Out Proceeds
$50,360

Loan Terms
New Loan Amount
$126,585
Monthly Loan Payment
$864
Interest Rate
7.25%
Property Net Cash Flow
$25,646
Annual Loan Payment
$10,362
Debt Coverage Ratio
2.47

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$886
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)
$743
Misc.
Total Loan Closing
$6,194

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,612
Hazard Insurance
%
$743
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$2,854
Net Operating Income
$25,646
Annual Loan Payment
$10,362
Net Cash Flow After Debt Service
$15,284
Debt Coverage Ratio
2.47
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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.