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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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$67,390

Cash Out Proceeds

$11,289

Annual Net Cash Flow

$1,132

New Loan Payment

1.83

Debt Service Coverage

Refinance Cost
New Loan Amount
$165,908
Current Loan Payoff
$88,500
Loan Points
$3,318
Loan Closing Costs
$6,700
Total Refinance Cost
$98,518
Total Cash Out Proceeds
$67,390

Loan Terms
New Loan Amount
$165,908
Monthly Loan Payment
$1,132
Interest Rate
7.25%
Property Net Cash Flow
$24,870
Annual Loan Payment
$13,581
Debt Coverage Ratio
1.83

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,161
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)
$973
Misc.
Total Loan Closing
$6,700

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,157
Hazard Insurance
%
$973
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,630
Net Operating Income
$24,870
Annual Loan Payment
$13,581
Net Cash Flow After Debt Service
$11,289
Debt Coverage Ratio
1.83
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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.