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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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$90,622

Cash Out Proceeds

$960

Annual Net Cash Flow

$1,497

New Loan Payment

1.05

Debt Service Coverage

Refinance Cost
New Loan Amount
$219,398
Current Loan Payoff
$117,000
Loan Points
$4,388
Loan Closing Costs
$7,388
Total Refinance Cost
$128,776
Total Cash Out Proceeds
$90,622

Loan Terms
New Loan Amount
$219,398
Monthly Loan Payment
$1,497
Interest Rate
7.25%
Property Net Cash Flow
$18,920
Annual Loan Payment
$17,960
Debt Coverage Ratio
1.05

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,536
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)
$1,287
Misc.
Total Loan Closing
$7,388

Rental Income
Monthly Market Rent
$2,200
Potential Gross Rent
$26,400
Vacancy Factor
%
$1,320
Effective Gross Rent
$25,080
Property Taxes
%
$4,373
Hazard Insurance
%
$1,287
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,160
Net Operating Income
$18,920
Annual Loan Payment
$17,960
Net Cash Flow After Debt Service
$960
Debt Coverage Ratio
1.05
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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.