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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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$41,118

Cash Out Proceeds

$17,480

Annual Net Cash Flow

$719

New Loan Payment

3.03

Debt Service Coverage

Refinance Cost
New Loan Amount
$105,345
Current Loan Payoff
$56,200
Loan Points
$2,107
Loan Closing Costs
$5,920
Total Refinance Cost
$64,227
Total Cash Out Proceeds
$41,118

Loan Terms
New Loan Amount
$105,345
Monthly Loan Payment
$719
Interest Rate
7.25%
Property Net Cash Flow
$26,104
Annual Loan Payment
$8,624
Debt Coverage Ratio
3.03

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$737
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)
$618
Misc.
Total Loan Closing
$5,920

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,278
Hazard Insurance
%
$618
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$2,396
Net Operating Income
$26,104
Annual Loan Payment
$8,624
Net Cash Flow After Debt Service
$17,480
Debt Coverage Ratio
3.03
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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.