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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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$44,807

Cash Out Proceeds

$4,347

Annual Net Cash Flow

$776

New Loan Payment

1.47

Debt Service Coverage

Refinance Cost
New Loan Amount
$113,813
Current Loan Payoff
$60,700
Loan Points
$2,276
Loan Closing Costs
$6,029
Total Refinance Cost
$69,006
Total Cash Out Proceeds
$44,807

Loan Terms
New Loan Amount
$113,813
Monthly Loan Payment
$776
Interest Rate
7.25%
Property Net Cash Flow
$13,664
Annual Loan Payment
$9,317
Debt Coverage Ratio
1.47

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$797
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)
$668
Misc.
Total Loan Closing
$6,029

Rental Income
Monthly Market Rent
$1,500
Potential Gross Rent
$18,000
Vacancy Factor
%
$900
Effective Gross Rent
$17,100
Property Taxes
%
$2,269
Hazard Insurance
%
$668
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,436
Net Operating Income
$13,664
Annual Loan Payment
$9,317
Net Cash Flow After Debt Service
$4,347
Debt Coverage Ratio
1.47
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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.