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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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$84,270

Cash Out Proceeds

$4,508

Annual Net Cash Flow

$1,397

New Loan Payment

1.27

Debt Service Coverage

Refinance Cost
New Loan Amount
$204,765
Current Loan Payoff
$109,200
Loan Points
$4,095
Loan Closing Costs
$7,200
Total Refinance Cost
$120,495
Total Cash Out Proceeds
$84,270

Loan Terms
New Loan Amount
$204,765
Monthly Loan Payment
$1,397
Interest Rate
7.25%
Property Net Cash Flow
$21,270
Annual Loan Payment
$16,762
Debt Coverage Ratio
1.27

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,433
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)
$1,201
Misc.
Total Loan Closing
$7,200

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$5,529
Hazard Insurance
%
$1,201
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,230
Net Operating Income
$21,270
Annual Loan Payment
$16,762
Net Cash Flow After Debt Service
$4,508
Debt Coverage Ratio
1.27
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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.