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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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$74,748

Cash Out Proceeds

$9,575

Annual Net Cash Flow

$1,248

New Loan Payment

1.64

Debt Service Coverage

Refinance Cost
New Loan Amount
$182,925
Current Loan Payoff
$97,600
Loan Points
$3,659
Loan Closing Costs
$6,919
Total Refinance Cost
$108,177
Total Cash Out Proceeds
$74,748

Loan Terms
New Loan Amount
$182,925
Monthly Loan Payment
$1,248
Interest Rate
7.25%
Property Net Cash Flow
$24,549
Annual Loan Payment
$14,974
Debt Coverage Ratio
1.64

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,280
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)
$1,073
Misc.
Total Loan Closing
$6,919

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,378
Hazard Insurance
%
$1,073
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,951
Net Operating Income
$24,549
Annual Loan Payment
$14,974
Net Cash Flow After Debt Service
$9,575
Debt Coverage Ratio
1.64
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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.