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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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$93,736

Cash Out Proceeds

$5,109

Annual Net Cash Flow

$1,546

New Loan Payment

1.28

Debt Service Coverage

Refinance Cost
New Loan Amount
$226,650
Current Loan Payoff
$120,900
Loan Points
$4,533
Loan Closing Costs
$7,481
Total Refinance Cost
$132,914
Total Cash Out Proceeds
$93,736

Loan Terms
New Loan Amount
$226,650
Monthly Loan Payment
$1,546
Interest Rate
7.25%
Property Net Cash Flow
$23,663
Annual Loan Payment
$18,554
Debt Coverage Ratio
1.28

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,587
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)
$1,330
Misc.
Total Loan Closing
$7,481

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,007
Hazard Insurance
%
$1,330
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,837
Net Operating Income
$23,663
Annual Loan Payment
$18,554
Net Cash Flow After Debt Service
$5,109
Debt Coverage Ratio
1.28
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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.