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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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$77,172

Cash Out Proceeds

$8,854

Annual Net Cash Flow

$1,285

New Loan Payment

1.57

Debt Service Coverage

Refinance Cost
New Loan Amount
$188,430
Current Loan Payoff
$100,500
Loan Points
$3,769
Loan Closing Costs
$6,989
Total Refinance Cost
$111,258
Total Cash Out Proceeds
$77,172

Loan Terms
New Loan Amount
$188,430
Monthly Loan Payment
$1,285
Interest Rate
7.25%
Property Net Cash Flow
$24,279
Annual Loan Payment
$15,425
Debt Coverage Ratio
1.57

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,319
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)
$1,105
Misc.
Total Loan Closing
$6,989

Rental Income
Monthly Market Rent
$2,600
Potential Gross Rent
$31,200
Vacancy Factor
%
$1,560
Effective Gross Rent
$29,640
Property Taxes
%
$3,756
Hazard Insurance
%
$1,105
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,361
Net Operating Income
$24,279
Annual Loan Payment
$15,425
Net Cash Flow After Debt Service
$8,854
Debt Coverage Ratio
1.57
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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.