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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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$105,152

Cash Out Proceeds

$2,456

Annual Net Cash Flow

$1,725

New Loan Payment

1.12

Debt Service Coverage

Refinance Cost
New Loan Amount
$252,930
Current Loan Payoff
$134,900
Loan Points
$5,059
Loan Closing Costs
$7,819
Total Refinance Cost
$147,778
Total Cash Out Proceeds
$105,152

Loan Terms
New Loan Amount
$252,930
Monthly Loan Payment
$1,725
Interest Rate
7.25%
Property Net Cash Flow
$23,161
Annual Loan Payment
$20,705
Debt Coverage Ratio
1.12

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,771
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)
$1,484
Misc.
Total Loan Closing
$7,819

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,356
Hazard Insurance
%
$1,484
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,339
Net Operating Income
$23,161
Annual Loan Payment
$20,705
Net Cash Flow After Debt Service
$2,456
Debt Coverage Ratio
1.12
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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.