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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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$74,310

Cash Out Proceeds

$8,433

Annual Net Cash Flow

$1,240

New Loan Payment

1.57

Debt Service Coverage

Refinance Cost
New Loan Amount
$181,748
Current Loan Payoff
$96,900
Loan Points
$3,635
Loan Closing Costs
$6,903
Total Refinance Cost
$107,438
Total Cash Out Proceeds
$74,310

Loan Terms
New Loan Amount
$181,748
Monthly Loan Payment
$1,240
Interest Rate
7.25%
Property Net Cash Flow
$23,311
Annual Loan Payment
$14,878
Debt Coverage Ratio
1.57

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,272
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)
$1,066
Misc.
Total Loan Closing
$6,903

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,623
Hazard Insurance
%
$1,066
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,189
Net Operating Income
$23,311
Annual Loan Payment
$14,878
Net Cash Flow After Debt Service
$8,433
Debt Coverage Ratio
1.57
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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.