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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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$82,436

Cash Out Proceeds

$4,385

Annual Net Cash Flow

$1,368

New Loan Payment

1.27

Debt Service Coverage

Refinance Cost
New Loan Amount
$200,490
Current Loan Payoff
$106,900
Loan Points
$4,010
Loan Closing Costs
$7,145
Total Refinance Cost
$118,054
Total Cash Out Proceeds
$82,436

Loan Terms
New Loan Amount
$200,490
Monthly Loan Payment
$1,368
Interest Rate
7.25%
Property Net Cash Flow
$20,797
Annual Loan Payment
$16,412
Debt Coverage Ratio
1.27

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,403
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)
$1,176
Misc.
Total Loan Closing
$7,145

Rental Income
Monthly Market Rent
$2,200
Potential Gross Rent
$26,400
Vacancy Factor
%
$1,320
Effective Gross Rent
$25,080
Property Taxes
%
$2,606
Hazard Insurance
%
$1,176
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,283
Net Operating Income
$20,797
Annual Loan Payment
$16,412
Net Cash Flow After Debt Service
$4,385
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.