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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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$99,753

Cash Out Proceeds

$2,116

Annual Net Cash Flow

$1,640

New Loan Payment

1.11

Debt Service Coverage

Refinance Cost
New Loan Amount
$240,420
Current Loan Payoff
$128,200
Loan Points
$4,808
Loan Closing Costs
$7,658
Total Refinance Cost
$140,667
Total Cash Out Proceeds
$99,753

Loan Terms
New Loan Amount
$240,420
Monthly Loan Payment
$1,640
Interest Rate
7.25%
Property Net Cash Flow
$21,797
Annual Loan Payment
$19,681
Debt Coverage Ratio
1.11

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,683
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)
$1,410
Misc.
Total Loan Closing
$7,658

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$4,792
Hazard Insurance
%
$1,410
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,703
Net Operating Income
$21,797
Annual Loan Payment
$19,681
Net Cash Flow After Debt Service
$2,116
Debt Coverage Ratio
1.11
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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.