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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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$109,486

Cash Out Proceeds

$10,297

Annual Net Cash Flow

$1,794

New Loan Payment

1.48

Debt Service Coverage

Refinance Cost
New Loan Amount
$262,995
Current Loan Payoff
$140,300
Loan Points
$5,260
Loan Closing Costs
$7,949
Total Refinance Cost
$153,509
Total Cash Out Proceeds
$109,486

Loan Terms
New Loan Amount
$262,995
Monthly Loan Payment
$1,794
Interest Rate
7.25%
Property Net Cash Flow
$31,826
Annual Loan Payment
$21,529
Debt Coverage Ratio
1.48

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,841
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)
$1,543
Misc.
Total Loan Closing
$7,949

Rental Income
Monthly Market Rent
$3,600
Potential Gross Rent
$43,200
Vacancy Factor
%
$2,160
Effective Gross Rent
$41,040
Property Taxes
%
$7,171
Hazard Insurance
%
$1,543
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$9,214
Net Operating Income
$31,826
Annual Loan Payment
$21,529
Net Cash Flow After Debt Service
$10,297
Debt Coverage Ratio
1.48
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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.