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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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$157,023

Cash Out Proceeds

$5,801

Annual Net Cash Flow

$2,541

New Loan Payment

1.19

Debt Service Coverage

Refinance Cost
New Loan Amount
$372,428
Current Loan Payoff
$198,600
Loan Points
$7,449
Loan Closing Costs
$9,357
Total Refinance Cost
$215,405
Total Cash Out Proceeds
$157,023

Loan Terms
New Loan Amount
$372,428
Monthly Loan Payment
$2,541
Interest Rate
7.25%
Property Net Cash Flow
$36,288
Annual Loan Payment
$30,487
Debt Coverage Ratio
1.19

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,607
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)
$2,185
Misc.
Total Loan Closing
$9,357

Rental Income
Monthly Market Rent
$3,900
Potential Gross Rent
$46,800
Vacancy Factor
%
$2,340
Effective Gross Rent
$44,460
Property Taxes
%
$5,487
Hazard Insurance
%
$2,185
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,172
Net Operating Income
$36,288
Annual Loan Payment
$30,487
Net Cash Flow After Debt Service
$5,801
Debt Coverage Ratio
1.19
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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.