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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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$25,308

Cash Out Proceeds

$20,084

Annual Net Cash Flow

$470

New Loan Payment

4.56

Debt Service Coverage

Refinance Cost
New Loan Amount
$68,835
Current Loan Payoff
$36,700
Loan Points
$1,377
Loan Closing Costs
$5,451
Total Refinance Cost
$43,527
Total Cash Out Proceeds
$25,308

Loan Terms
New Loan Amount
$68,835
Monthly Loan Payment
$470
Interest Rate
7.25%
Property Net Cash Flow
$25,719
Annual Loan Payment
$5,635
Debt Coverage Ratio
4.56

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$482
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)
$404
Misc.
Total Loan Closing
$5,451

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,877
Hazard Insurance
%
$404
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$2,781
Net Operating Income
$25,719
Annual Loan Payment
$5,635
Net Cash Flow After Debt Service
$20,084
Debt Coverage Ratio
4.56
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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.