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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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$50,092

Cash Out Proceeds

$4,738

Annual Net Cash Flow

$859

New Loan Payment

1.46

Debt Service Coverage

Refinance Cost
New Loan Amount
$125,895
Current Loan Payoff
$67,100
Loan Points
$2,518
Loan Closing Costs
$6,185
Total Refinance Cost
$75,803
Total Cash Out Proceeds
$50,092

Loan Terms
New Loan Amount
$125,895
Monthly Loan Payment
$859
Interest Rate
7.25%
Property Net Cash Flow
$15,044
Annual Loan Payment
$10,306
Debt Coverage Ratio
1.46

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$881
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)
$739
Misc.
Total Loan Closing
$6,185

Rental Income
Monthly Market Rent
$1,700
Potential Gross Rent
$20,400
Vacancy Factor
%
$1,020
Effective Gross Rent
$19,380
Property Taxes
%
$3,097
Hazard Insurance
%
$739
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,336
Net Operating Income
$15,044
Annual Loan Payment
$10,306
Net Cash Flow After Debt Service
$4,738
Debt Coverage Ratio
1.46
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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.