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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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$97,152

Cash Out Proceeds

$4,581

Annual Net Cash Flow

$1,600

New Loan Payment

1.24

Debt Service Coverage

Refinance Cost
New Loan Amount
$234,525
Current Loan Payoff
$125,100
Loan Points
$4,691
Loan Closing Costs
$7,583
Total Refinance Cost
$137,373
Total Cash Out Proceeds
$97,152

Loan Terms
New Loan Amount
$234,525
Monthly Loan Payment
$1,600
Interest Rate
7.25%
Property Net Cash Flow
$23,779
Annual Loan Payment
$19,198
Debt Coverage Ratio
1.24

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,642
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)
$1,376
Misc.
Total Loan Closing
$7,583

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,846
Hazard Insurance
%
$1,376
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,721
Net Operating Income
$23,779
Annual Loan Payment
$19,198
Net Cash Flow After Debt Service
$4,581
Debt Coverage Ratio
1.24
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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.