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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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$84,442

Cash Out Proceeds

$5,902

Annual Net Cash Flow

$1,400

New Loan Payment

1.35

Debt Service Coverage

Refinance Cost
New Loan Amount
$205,253
Current Loan Payoff
$109,500
Loan Points
$4,105
Loan Closing Costs
$7,206
Total Refinance Cost
$120,811
Total Cash Out Proceeds
$84,442

Loan Terms
New Loan Amount
$205,253
Monthly Loan Payment
$1,400
Interest Rate
7.25%
Property Net Cash Flow
$22,704
Annual Loan Payment
$16,802
Debt Coverage Ratio
1.35

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,437
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)
$1,204
Misc.
Total Loan Closing
$7,206

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$4,091
Hazard Insurance
%
$1,204
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,796
Net Operating Income
$22,704
Annual Loan Payment
$16,802
Net Cash Flow After Debt Service
$5,902
Debt Coverage Ratio
1.35
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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.