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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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$78,852

Cash Out Proceeds

$5,013

Annual Net Cash Flow

$1,312

New Loan Payment

1.32

Debt Service Coverage

Refinance Cost
New Loan Amount
$192,338
Current Loan Payoff
$102,600
Loan Points
$3,847
Loan Closing Costs
$7,040
Total Refinance Cost
$113,486
Total Cash Out Proceeds
$78,852

Loan Terms
New Loan Amount
$192,338
Monthly Loan Payment
$1,312
Interest Rate
7.25%
Property Net Cash Flow
$20,758
Annual Loan Payment
$15,745
Debt Coverage Ratio
1.32

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,346
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)
$1,128
Misc.
Total Loan Closing
$7,040

Rental Income
Monthly Market Rent
$2,300
Potential Gross Rent
$27,600
Vacancy Factor
%
$1,380
Effective Gross Rent
$26,220
Property Taxes
%
$3,834
Hazard Insurance
%
$1,128
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,462
Net Operating Income
$20,758
Annual Loan Payment
$15,745
Net Cash Flow After Debt Service
$5,013
Debt Coverage Ratio
1.32
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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.