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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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$106,925

Cash Out Proceeds

$2,051

Annual Net Cash Flow

$1,753

New Loan Payment

1.1

Debt Service Coverage

Refinance Cost
New Loan Amount
$256,935
Current Loan Payoff
$137,000
Loan Points
$5,139
Loan Closing Costs
$7,871
Total Refinance Cost
$150,010
Total Cash Out Proceeds
$106,925

Loan Terms
New Loan Amount
$256,935
Monthly Loan Payment
$1,753
Interest Rate
7.25%
Property Net Cash Flow
$23,084
Annual Loan Payment
$21,033
Debt Coverage Ratio
1.1

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,799
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)
$1,507
Misc.
Total Loan Closing
$7,871

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,409
Hazard Insurance
%
$1,507
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,416
Net Operating Income
$23,084
Annual Loan Payment
$21,033
Net Cash Flow After Debt Service
$2,051
Debt Coverage Ratio
1.1
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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.