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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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$96,954

Cash Out Proceeds

$5,712

Annual Net Cash Flow

$1,602

New Loan Payment

1.3

Debt Service Coverage

Refinance Cost
New Loan Amount
$234,788
Current Loan Payoff
$125,200
Loan Points
$4,696
Loan Closing Costs
$7,938
Total Refinance Cost
$137,834
Total Cash Out Proceeds
$96,954

Loan Terms
New Loan Amount
$234,788
Monthly Loan Payment
$1,602
Interest Rate
7.25%
Property Net Cash Flow
$24,932
Annual Loan Payment
$19,220
Debt Coverage Ratio
1.3

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$352
Title - Lender's Policy
%
$1,644
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)
$1,377
Misc.
Total Loan Closing
$7,938

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,690
Hazard Insurance
%
$1,377
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,568
Net Operating Income
$24,932
Annual Loan Payment
$19,220
Net Cash Flow After Debt Service
$5,712
Debt Coverage Ratio
1.3
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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.