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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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$74,812

Cash Out Proceeds

$7,457

Annual Net Cash Flow

$1,248

New Loan Payment

1.5

Debt Service Coverage

Refinance Cost
New Loan Amount
$182,888
Current Loan Payoff
$97,500
Loan Points
$3,658
Loan Closing Costs
$6,918
Total Refinance Cost
$108,076
Total Cash Out Proceeds
$74,812

Loan Terms
New Loan Amount
$182,888
Monthly Loan Payment
$1,248
Interest Rate
7.25%
Property Net Cash Flow
$22,428
Annual Loan Payment
$14,971
Debt Coverage Ratio
1.5

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
$6,918

Rental Income
Monthly Market Rent
$2,300
Potential Gross Rent
$27,600
Vacancy Factor
%
$1,380
Effective Gross Rent
$26,220
Property Taxes
%
$2,219
Hazard Insurance
%
$1,073
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,792
Net Operating Income
$22,428
Annual Loan Payment
$14,971
Net Cash Flow After Debt Service
$7,457
Debt Coverage Ratio
1.5
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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.