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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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$31,710

Cash Out Proceeds

$19,610

Annual Net Cash Flow

$570

New Loan Payment

3.87

Debt Service Coverage

Refinance Cost
New Loan Amount
$83,520
Current Loan Payoff
$44,500
Loan Points
$1,670
Loan Closing Costs
$5,640
Total Refinance Cost
$51,810
Total Cash Out Proceeds
$31,710

Loan Terms
New Loan Amount
$83,520
Monthly Loan Payment
$570
Interest Rate
7.25%
Property Net Cash Flow
$26,447
Annual Loan Payment
$6,837
Debt Coverage Ratio
3.87

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$585
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)
$490
Misc.
Total Loan Closing
$5,640

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,063
Hazard Insurance
%
$490
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$2,053
Net Operating Income
$26,447
Annual Loan Payment
$6,837
Net Cash Flow After Debt Service
$19,610
Debt Coverage Ratio
3.87
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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.