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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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$90,342

Cash Out Proceeds

$4,444

Annual Net Cash Flow

$1,493

New Loan Payment

1.25

Debt Service Coverage

Refinance Cost
New Loan Amount
$218,798
Current Loan Payoff
$116,700
Loan Points
$4,376
Loan Closing Costs
$7,380
Total Refinance Cost
$128,456
Total Cash Out Proceeds
$90,342

Loan Terms
New Loan Amount
$218,798
Monthly Loan Payment
$1,493
Interest Rate
7.25%
Property Net Cash Flow
$22,355
Annual Loan Payment
$17,911
Debt Coverage Ratio
1.25

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,532
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)
$1,284
Misc.
Total Loan Closing
$7,380

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$4,361
Hazard Insurance
%
$1,284
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,145
Net Operating Income
$22,355
Annual Loan Payment
$17,911
Net Cash Flow After Debt Service
$4,444
Debt Coverage Ratio
1.25
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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.