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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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$45,827

Cash Out Proceeds

$15,198

Annual Net Cash Flow

$792

New Loan Payment

2.6

Debt Service Coverage

Refinance Cost
New Loan Amount
$116,108
Current Loan Payoff
$61,900
Loan Points
$2,322
Loan Closing Costs
$6,059
Total Refinance Cost
$70,281
Total Cash Out Proceeds
$45,827

Loan Terms
New Loan Amount
$116,108
Monthly Loan Payment
$792
Interest Rate
7.25%
Property Net Cash Flow
$24,703
Annual Loan Payment
$9,505
Debt Coverage Ratio
2.6

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$813
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)
$681
Misc.
Total Loan Closing
$6,059

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,616
Hazard Insurance
%
$681
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,797
Net Operating Income
$24,703
Annual Loan Payment
$9,505
Net Cash Flow After Debt Service
$15,198
Debt Coverage Ratio
2.6
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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.