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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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$60,513

Cash Out Proceeds

$11,850

Annual Net Cash Flow

$1,023

New Loan Payment

1.96

Debt Service Coverage

Refinance Cost
New Loan Amount
$150,008
Current Loan Payoff
$80,000
Loan Points
$3,000
Loan Closing Costs
$6,495
Total Refinance Cost
$89,495
Total Cash Out Proceeds
$60,513

Loan Terms
New Loan Amount
$150,008
Monthly Loan Payment
$1,023
Interest Rate
7.25%
Property Net Cash Flow
$24,130
Annual Loan Payment
$12,280
Debt Coverage Ratio
1.96

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,050
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)
$880
Misc.
Total Loan Closing
$6,495

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,990
Hazard Insurance
%
$880
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,370
Net Operating Income
$24,130
Annual Loan Payment
$12,280
Net Cash Flow After Debt Service
$11,850
Debt Coverage Ratio
1.96
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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.