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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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$95,717

Cash Out Proceeds

$4,251

Annual Net Cash Flow

$1,577

New Loan Payment

1.22

Debt Service Coverage

Refinance Cost
New Loan Amount
$231,180
Current Loan Payoff
$123,300
Loan Points
$4,624
Loan Closing Costs
$7,540
Total Refinance Cost
$135,463
Total Cash Out Proceeds
$95,717

Loan Terms
New Loan Amount
$231,180
Monthly Loan Payment
$1,577
Interest Rate
7.25%
Property Net Cash Flow
$23,176
Annual Loan Payment
$18,925
Debt Coverage Ratio
1.22

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,618
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)
$1,356
Misc.
Total Loan Closing
$7,540

Rental Income
Monthly Market Rent
$2,600
Potential Gross Rent
$31,200
Vacancy Factor
%
$1,560
Effective Gross Rent
$29,640
Property Taxes
%
$4,608
Hazard Insurance
%
$1,356
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,464
Net Operating Income
$23,176
Annual Loan Payment
$18,925
Net Cash Flow After Debt Service
$4,251
Debt Coverage Ratio
1.22
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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.