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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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$105,196

Cash Out Proceeds

$4,184

Annual Net Cash Flow

$1,726

New Loan Payment

1.2

Debt Service Coverage

Refinance Cost
New Loan Amount
$252,975
Current Loan Payoff
$134,900
Loan Points
$5,060
Loan Closing Costs
$7,820
Total Refinance Cost
$147,779
Total Cash Out Proceeds
$105,196

Loan Terms
New Loan Amount
$252,975
Monthly Loan Payment
$1,726
Interest Rate
7.25%
Property Net Cash Flow
$24,893
Annual Loan Payment
$20,709
Debt Coverage Ratio
1.2

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,771
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)
$1,484
Misc.
Total Loan Closing
$7,820

Rental Income
Monthly Market Rent
$2,800
Potential Gross Rent
$33,600
Vacancy Factor
%
$1,680
Effective Gross Rent
$31,920
Property Taxes
%
$5,043
Hazard Insurance
%
$1,484
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,027
Net Operating Income
$24,893
Annual Loan Payment
$20,709
Net Cash Flow After Debt Service
$4,184
Debt Coverage Ratio
1.2
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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.