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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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$87,227

Cash Out Proceeds

$7,848

Annual Net Cash Flow

$1,448

New Loan Payment

1.45

Debt Service Coverage

Refinance Cost
New Loan Amount
$212,288
Current Loan Payoff
$113,200
Loan Points
$4,246
Loan Closing Costs
$7,615
Total Refinance Cost
$125,061
Total Cash Out Proceeds
$87,227

Loan Terms
New Loan Amount
$212,288
Monthly Loan Payment
$1,448
Interest Rate
7.25%
Property Net Cash Flow
$25,226
Annual Loan Payment
$17,378
Debt Coverage Ratio
1.45

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$318
Title - Lender's Policy
%
$1,486
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)
$1,245
Misc.
Total Loan Closing
$7,615

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,528
Hazard Insurance
%
$1,245
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,274
Net Operating Income
$25,226
Annual Loan Payment
$17,378
Net Cash Flow After Debt Service
$7,848
Debt Coverage Ratio
1.45
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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.