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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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$35,446

Cash Out Proceeds

$18,069

Annual Net Cash Flow

$629

New Loan Payment

3.39

Debt Service Coverage

Refinance Cost
New Loan Amount
$92,243
Current Loan Payoff
$49,200
Loan Points
$1,845
Loan Closing Costs
$5,752
Total Refinance Cost
$56,797
Total Cash Out Proceeds
$35,446

Loan Terms
New Loan Amount
$92,243
Monthly Loan Payment
$629
Interest Rate
7.25%
Property Net Cash Flow
$25,620
Annual Loan Payment
$7,551
Debt Coverage Ratio
3.39

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$646
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)
$541
Misc.
Total Loan Closing
$5,752

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,839
Hazard Insurance
%
$541
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$2,880
Net Operating Income
$25,620
Annual Loan Payment
$7,551
Net Cash Flow After Debt Service
$18,069
Debt Coverage Ratio
3.39
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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.