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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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$96,981

Cash Out Proceeds

$4,363

Annual Net Cash Flow

$1,597

New Loan Payment

1.23

Debt Service Coverage

Refinance Cost
New Loan Amount
$234,038
Current Loan Payoff
$124,800
Loan Points
$4,681
Loan Closing Costs
$7,576
Total Refinance Cost
$137,057
Total Cash Out Proceeds
$96,981

Loan Terms
New Loan Amount
$234,038
Monthly Loan Payment
$1,597
Interest Rate
7.25%
Property Net Cash Flow
$23,522
Annual Loan Payment
$19,159
Debt Coverage Ratio
1.23

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,638
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)
$1,373
Misc.
Total Loan Closing
$7,576

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,105
Hazard Insurance
%
$1,373
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,978
Net Operating Income
$23,522
Annual Loan Payment
$19,159
Net Cash Flow After Debt Service
$4,363
Debt Coverage Ratio
1.23
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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.