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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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$59,759

Cash Out Proceeds

$7,151

Annual Net Cash Flow

$1,012

New Loan Payment

1.59

Debt Service Coverage

Refinance Cost
New Loan Amount
$148,298
Current Loan Payoff
$79,100
Loan Points
$2,966
Loan Closing Costs
$6,473
Total Refinance Cost
$88,539
Total Cash Out Proceeds
$59,759

Loan Terms
New Loan Amount
$148,298
Monthly Loan Payment
$1,012
Interest Rate
7.25%
Property Net Cash Flow
$19,291
Annual Loan Payment
$12,140
Debt Coverage Ratio
1.59

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,038
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)
$870
Misc.
Total Loan Closing
$6,473

Rental Income
Monthly Market Rent
$2,200
Potential Gross Rent
$26,400
Vacancy Factor
%
$1,320
Effective Gross Rent
$25,080
Property Taxes
%
$4,419
Hazard Insurance
%
$870
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,789
Net Operating Income
$19,291
Annual Loan Payment
$12,140
Net Cash Flow After Debt Service
$7,151
Debt Coverage Ratio
1.59
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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.