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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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$76,107

Cash Out Proceeds

$7,544

Annual Net Cash Flow

$1,269

New Loan Payment

1.5

Debt Service Coverage

Refinance Cost
New Loan Amount
$185,985
Current Loan Payoff
$99,200
Loan Points
$3,720
Loan Closing Costs
$6,958
Total Refinance Cost
$109,878
Total Cash Out Proceeds
$76,107

Loan Terms
New Loan Amount
$185,985
Monthly Loan Payment
$1,269
Interest Rate
7.25%
Property Net Cash Flow
$22,769
Annual Loan Payment
$15,225
Debt Coverage Ratio
1.5

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,302
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)
$1,091
Misc.
Total Loan Closing
$6,958

Rental Income
Monthly Market Rent
$2,300
Potential Gross Rent
$27,600
Vacancy Factor
%
$1,380
Effective Gross Rent
$26,220
Property Taxes
%
$1,860
Hazard Insurance
%
$1,091
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,451
Net Operating Income
$22,769
Annual Loan Payment
$15,225
Net Cash Flow After Debt Service
$7,544
Debt Coverage Ratio
1.5
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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.