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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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$97,846

Cash Out Proceeds

$2,584

Annual Net Cash Flow

$1,610

New Loan Payment

1.13

Debt Service Coverage

Refinance Cost
New Loan Amount
$236,070
Current Loan Payoff
$125,900
Loan Points
$4,721
Loan Closing Costs
$7,602
Total Refinance Cost
$138,224
Total Cash Out Proceeds
$97,846

Loan Terms
New Loan Amount
$236,070
Monthly Loan Payment
$1,610
Interest Rate
7.25%
Property Net Cash Flow
$21,909
Annual Loan Payment
$19,325
Debt Coverage Ratio
1.13

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,652
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)
$1,385
Misc.
Total Loan Closing
$7,602

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$4,706
Hazard Insurance
%
$1,385
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,591
Net Operating Income
$21,909
Annual Loan Payment
$19,325
Net Cash Flow After Debt Service
$2,584
Debt Coverage Ratio
1.13
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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.