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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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$118,085

Cash Out Proceeds

$-2,441

Annual Net Cash Flow

$1,929

New Loan Payment

0.89

Debt Service Coverage

Refinance Cost
New Loan Amount
$282,743
Current Loan Payoff
$150,800
Loan Points
$5,655
Loan Closing Costs
$8,203
Total Refinance Cost
$164,658
Total Cash Out Proceeds
$118,085

Loan Terms
New Loan Amount
$282,743
Monthly Loan Payment
$1,929
Interest Rate
7.25%
Property Net Cash Flow
$20,705
Annual Loan Payment
$23,146
Debt Coverage Ratio
0.89

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,979
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)
$1,659
Misc.
Total Loan Closing
$8,203

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$5,636
Hazard Insurance
%
$1,659
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,795
Net Operating Income
$20,705
Annual Loan Payment
$23,146
Net Cash Flow After Debt Service
$-2,441
Debt Coverage Ratio
0.89
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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.