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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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$65,682

Cash Out Proceeds

$2,582

Annual Net Cash Flow

$1,105

New Loan Payment

1.19

Debt Service Coverage

Refinance Cost
New Loan Amount
$161,970
Current Loan Payoff
$86,400
Loan Points
$3,239
Loan Closing Costs
$6,649
Total Refinance Cost
$96,288
Total Cash Out Proceeds
$65,682

Loan Terms
New Loan Amount
$161,970
Monthly Loan Payment
$1,105
Interest Rate
7.25%
Property Net Cash Flow
$15,841
Annual Loan Payment
$13,259
Debt Coverage Ratio
1.19

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,134
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)
$950
Misc.
Total Loan Closing
$6,649

Rental Income
Monthly Market Rent
$1,800
Potential Gross Rent
$21,600
Vacancy Factor
%
$1,080
Effective Gross Rent
$20,520
Property Taxes
%
$3,229
Hazard Insurance
%
$950
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,679
Net Operating Income
$15,841
Annual Loan Payment
$13,259
Net Cash Flow After Debt Service
$2,582
Debt Coverage Ratio
1.19
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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.