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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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$81,010

Cash Out Proceeds

$6,763

Annual Net Cash Flow

$1,346

New Loan Payment

1.42

Debt Service Coverage

Refinance Cost
New Loan Amount
$197,258
Current Loan Payoff
$105,200
Loan Points
$3,945
Loan Closing Costs
$7,103
Total Refinance Cost
$116,248
Total Cash Out Proceeds
$81,010

Loan Terms
New Loan Amount
$197,258
Monthly Loan Payment
$1,346
Interest Rate
7.25%
Property Net Cash Flow
$22,911
Annual Loan Payment
$16,148
Debt Coverage Ratio
1.42

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,381
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)
$1,157
Misc.
Total Loan Closing
$7,103

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,932
Hazard Insurance
%
$1,157
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,589
Net Operating Income
$22,911
Annual Loan Payment
$16,148
Net Cash Flow After Debt Service
$6,763
Debt Coverage Ratio
1.42
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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.