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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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$74,664

Cash Out Proceeds

$8,349

Annual Net Cash Flow

$1,245

New Loan Payment

1.56

Debt Service Coverage

Refinance Cost
New Loan Amount
$182,528
Current Loan Payoff
$97,300
Loan Points
$3,651
Loan Closing Costs
$6,914
Total Refinance Cost
$107,864
Total Cash Out Proceeds
$74,664

Loan Terms
New Loan Amount
$182,528
Monthly Loan Payment
$1,245
Interest Rate
7.25%
Property Net Cash Flow
$23,291
Annual Loan Payment
$14,942
Debt Coverage Ratio
1.56

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,278
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)
$1,071
Misc.
Total Loan Closing
$6,914

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,638
Hazard Insurance
%
$1,071
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,209
Net Operating Income
$23,291
Annual Loan Payment
$14,942
Net Cash Flow After Debt Service
$8,349
Debt Coverage Ratio
1.56
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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.