99484

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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$82,407

Cash Out Proceeds

$1,337

Annual Net Cash Flow

$1,368

New Loan Payment

1.08

Debt Service Coverage

Refinance Cost
New Loan Amount
$200,460
Current Loan Payoff
$106,900
Loan Points
$4,009
Loan Closing Costs
$7,144
Total Refinance Cost
$118,053
Total Cash Out Proceeds
$82,407

Loan Terms
New Loan Amount
$200,460
Monthly Loan Payment
$1,368
Interest Rate
7.25%
Property Net Cash Flow
$17,747
Annual Loan Payment
$16,410
Debt Coverage Ratio
1.08

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,403
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)
$1,176
Misc.
Total Loan Closing
$7,144

Rental Income
Monthly Market Rent
$2,100
Potential Gross Rent
$25,200
Vacancy Factor
%
$1,260
Effective Gross Rent
$23,940
Property Taxes
%
$4,517
Hazard Insurance
%
$1,176
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,193
Net Operating Income
$17,747
Annual Loan Payment
$16,410
Net Cash Flow After Debt Service
$1,337
Debt Coverage Ratio
1.08
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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.