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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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$74,023

Cash Out Proceeds

$9,127

Annual Net Cash Flow

$1,236

New Loan Payment

1.62

Debt Service Coverage

Refinance Cost
New Loan Amount
$181,245
Current Loan Payoff
$96,700
Loan Points
$3,625
Loan Closing Costs
$6,897
Total Refinance Cost
$107,222
Total Cash Out Proceeds
$74,023

Loan Terms
New Loan Amount
$181,245
Monthly Loan Payment
$1,236
Interest Rate
7.25%
Property Net Cash Flow
$23,964
Annual Loan Payment
$14,837
Debt Coverage Ratio
1.62

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,269
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)
$1,063
Misc.
Total Loan Closing
$6,897

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,972
Hazard Insurance
%
$1,063
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,536
Net Operating Income
$23,964
Annual Loan Payment
$14,837
Net Cash Flow After Debt Service
$9,127
Debt Coverage Ratio
1.62
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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.