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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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$82,933

Cash Out Proceeds

$2,011

Annual Net Cash Flow

$1,376

New Loan Payment

1.12

Debt Service Coverage

Refinance Cost
New Loan Amount
$201,728
Current Loan Payoff
$107,600
Loan Points
$4,035
Loan Closing Costs
$7,161
Total Refinance Cost
$118,795
Total Cash Out Proceeds
$82,933

Loan Terms
New Loan Amount
$201,728
Monthly Loan Payment
$1,376
Interest Rate
7.25%
Property Net Cash Flow
$18,525
Annual Loan Payment
$16,514
Debt Coverage Ratio
1.12

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,412
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)
$1,183
Misc.
Total Loan Closing
$7,161

Rental Income
Monthly Market Rent
$2,300
Potential Gross Rent
$27,600
Vacancy Factor
%
$1,380
Effective Gross Rent
$26,220
Property Taxes
%
$6,011
Hazard Insurance
%
$1,183
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,695
Net Operating Income
$18,525
Annual Loan Payment
$16,514
Net Cash Flow After Debt Service
$2,011
Debt Coverage Ratio
1.12
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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.