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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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$92,855

Cash Out Proceeds

$3,301

Annual Net Cash Flow

$1,532

New Loan Payment

1.18

Debt Service Coverage

Refinance Cost
New Loan Amount
$224,498
Current Loan Payoff
$119,700
Loan Points
$4,490
Loan Closing Costs
$7,454
Total Refinance Cost
$131,643
Total Cash Out Proceeds
$92,855

Loan Terms
New Loan Amount
$224,498
Monthly Loan Payment
$1,532
Interest Rate
7.25%
Property Net Cash Flow
$21,679
Annual Loan Payment
$18,378
Debt Coverage Ratio
1.18

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,571
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)
$1,317
Misc.
Total Loan Closing
$7,454

Rental Income
Monthly Market Rent
$2,300
Potential Gross Rent
$27,600
Vacancy Factor
%
$1,380
Effective Gross Rent
$26,220
Property Taxes
%
$2,724
Hazard Insurance
%
$1,317
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,541
Net Operating Income
$21,679
Annual Loan Payment
$18,378
Net Cash Flow After Debt Service
$3,301
Debt Coverage Ratio
1.18
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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.