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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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$63,204

Cash Out Proceeds

$10,454

Annual Net Cash Flow

$1,066

New Loan Payment

1.82

Debt Service Coverage

Refinance Cost
New Loan Amount
$156,203
Current Loan Payoff
$83,300
Loan Points
$3,124
Loan Closing Costs
$6,575
Total Refinance Cost
$92,999
Total Cash Out Proceeds
$63,204

Loan Terms
New Loan Amount
$156,203
Monthly Loan Payment
$1,066
Interest Rate
7.25%
Property Net Cash Flow
$23,241
Annual Loan Payment
$12,787
Debt Coverage Ratio
1.82

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,093
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)
$916
Misc.
Total Loan Closing
$6,575

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,843
Hazard Insurance
%
$916
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,259
Net Operating Income
$23,241
Annual Loan Payment
$12,787
Net Cash Flow After Debt Service
$10,454
Debt Coverage Ratio
1.82
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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.