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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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$154,449

Cash Out Proceeds

$940

Annual Net Cash Flow

$2,500

New Loan Payment

1.03

Debt Service Coverage

Refinance Cost
New Loan Amount
$366,458
Current Loan Payoff
$195,400
Loan Points
$7,329
Loan Closing Costs
$9,280
Total Refinance Cost
$212,009
Total Cash Out Proceeds
$154,449

Loan Terms
New Loan Amount
$366,458
Monthly Loan Payment
$2,500
Interest Rate
7.25%
Property Net Cash Flow
$30,939
Annual Loan Payment
$29,999
Debt Coverage Ratio
1.03

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,565
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)
$2,150
Misc.
Total Loan Closing
$9,280

Rental Income
Monthly Market Rent
$3,600
Potential Gross Rent
$43,200
Vacancy Factor
%
$2,160
Effective Gross Rent
$41,040
Property Taxes
%
$7,451
Hazard Insurance
%
$2,150
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$10,101
Net Operating Income
$30,939
Annual Loan Payment
$29,999
Net Cash Flow After Debt Service
$940
Debt Coverage Ratio
1.03
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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.