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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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$77,940

Cash Out Proceeds

$7,224

Annual Net Cash Flow

$1,297

New Loan Payment

1.46

Debt Service Coverage

Refinance Cost
New Loan Amount
$190,155
Current Loan Payoff
$101,400
Loan Points
$3,803
Loan Closing Costs
$7,012
Total Refinance Cost
$112,215
Total Cash Out Proceeds
$77,940

Loan Terms
New Loan Amount
$190,155
Monthly Loan Payment
$1,297
Interest Rate
7.25%
Property Net Cash Flow
$22,790
Annual Loan Payment
$15,566
Debt Coverage Ratio
1.46

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,331
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)
$1,116
Misc.
Total Loan Closing
$7,012

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$4,095
Hazard Insurance
%
$1,116
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,710
Net Operating Income
$22,790
Annual Loan Payment
$15,566
Net Cash Flow After Debt Service
$7,224
Debt Coverage Ratio
1.46
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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.