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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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$77,550

Cash Out Proceeds

$-6,064

Annual Net Cash Flow

$1,292

New Loan Payment

0.61

Debt Service Coverage

Refinance Cost
New Loan Amount
$189,338
Current Loan Payoff
$101,000
Loan Points
$3,787
Loan Closing Costs
$7,001
Total Refinance Cost
$111,788
Total Cash Out Proceeds
$77,550

Loan Terms
New Loan Amount
$189,338
Monthly Loan Payment
$1,292
Interest Rate
7.25%
Property Net Cash Flow
$9,435
Annual Loan Payment
$15,499
Debt Coverage Ratio
0.61

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,325
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)
$1,111
Misc.
Total Loan Closing
$7,001

Rental Income
Monthly Market Rent
$1,300
Potential Gross Rent
$15,600
Vacancy Factor
%
$780
Effective Gross Rent
$14,820
Property Taxes
%
$3,774
Hazard Insurance
%
$1,111
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,385
Net Operating Income
$9,435
Annual Loan Payment
$15,499
Net Cash Flow After Debt Service
$-6,064
Debt Coverage Ratio
0.61
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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.