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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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$70,376

Cash Out Proceeds

$6,042

Annual Net Cash Flow

$1,178

New Loan Payment

1.43

Debt Service Coverage

Refinance Cost
New Loan Amount
$172,718
Current Loan Payoff
$92,100
Loan Points
$3,454
Loan Closing Costs
$6,787
Total Refinance Cost
$102,342
Total Cash Out Proceeds
$70,376

Loan Terms
New Loan Amount
$172,718
Monthly Loan Payment
$1,178
Interest Rate
7.25%
Property Net Cash Flow
$20,181
Annual Loan Payment
$14,139
Debt Coverage Ratio
1.43

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,209
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)
$1,013
Misc.
Total Loan Closing
$6,787

Rental Income
Monthly Market Rent
$2,100
Potential Gross Rent
$25,200
Vacancy Factor
%
$1,260
Effective Gross Rent
$23,940
Property Taxes
%
$2,245
Hazard Insurance
%
$1,013
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,759
Net Operating Income
$20,181
Annual Loan Payment
$14,139
Net Cash Flow After Debt Service
$6,042
Debt Coverage Ratio
1.43
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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.