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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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$73,265

Cash Out Proceeds

$6,866

Annual Net Cash Flow

$1,271

New Loan Payment

1.45

Debt Service Coverage

Refinance Cost
New Loan Amount
$186,263
Current Loan Payoff
$99,300
Loan Points
$3,725
Loan Closing Costs
$9,973
Total Refinance Cost
$112,998
Total Cash Out Proceeds
$73,265

Loan Terms
New Loan Amount
$186,263
Monthly Loan Payment
$1,271
Interest Rate
7.25%
Property Net Cash Flow
$22,114
Annual Loan Payment
$15,248
Debt Coverage Ratio
1.45

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$1,024
Title - Lender's Policy
%
$1,304
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)
$3,080
Misc.
Total Loan Closing
$9,973

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,806
Hazard Insurance
%
$3,080
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,386
Net Operating Income
$22,114
Annual Loan Payment
$15,248
Net Cash Flow After Debt Service
$6,866
Debt Coverage Ratio
1.45
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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.