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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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$64,425

Cash Out Proceeds

$7,550

Annual Net Cash Flow

$1,086

New Loan Payment

1.58

Debt Service Coverage

Refinance Cost
New Loan Amount
$159,120
Current Loan Payoff
$84,900
Loan Points
$3,182
Loan Closing Costs
$6,612
Total Refinance Cost
$94,695
Total Cash Out Proceeds
$64,425

Loan Terms
New Loan Amount
$159,120
Monthly Loan Payment
$1,086
Interest Rate
7.25%
Property Net Cash Flow
$20,576
Annual Loan Payment
$13,026
Debt Coverage Ratio
1.58

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,114
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)
$934
Misc.
Total Loan Closing
$6,612

Rental Income
Monthly Market Rent
$2,100
Potential Gross Rent
$25,200
Vacancy Factor
%
$1,260
Effective Gross Rent
$23,940
Property Taxes
%
$1,931
Hazard Insurance
%
$934
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,364
Net Operating Income
$20,576
Annual Loan Payment
$13,026
Net Cash Flow After Debt Service
$7,550
Debt Coverage Ratio
1.58
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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.