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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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$72,823

Cash Out Proceeds

$-2,056

Annual Net Cash Flow

$1,217

New Loan Payment

0.86

Debt Service Coverage

Refinance Cost
New Loan Amount
$178,350
Current Loan Payoff
$95,100
Loan Points
$3,567
Loan Closing Costs
$6,860
Total Refinance Cost
$105,527
Total Cash Out Proceeds
$72,823

Loan Terms
New Loan Amount
$178,350
Monthly Loan Payment
$1,217
Interest Rate
7.25%
Property Net Cash Flow
$12,544
Annual Loan Payment
$14,600
Debt Coverage Ratio
0.86

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,248
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)
$1,046
Misc.
Total Loan Closing
$6,860

Rental Income
Monthly Market Rent
$1,600
Potential Gross Rent
$19,200
Vacancy Factor
%
$960
Effective Gross Rent
$18,240
Property Taxes
%
$4,150
Hazard Insurance
%
$1,046
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,696
Net Operating Income
$12,544
Annual Loan Payment
$14,600
Net Cash Flow After Debt Service
$-2,056
Debt Coverage Ratio
0.86
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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.