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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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$73,194

Cash Out Proceeds

$3,687

Annual Net Cash Flow

$1,223

New Loan Payment

1.25

Debt Service Coverage

Refinance Cost
New Loan Amount
$179,250
Current Loan Payoff
$95,600
Loan Points
$3,585
Loan Closing Costs
$6,871
Total Refinance Cost
$106,056
Total Cash Out Proceeds
$73,194

Loan Terms
New Loan Amount
$179,250
Monthly Loan Payment
$1,223
Interest Rate
7.25%
Property Net Cash Flow
$18,361
Annual Loan Payment
$14,674
Debt Coverage Ratio
1.25

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,255
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)
$1,052
Misc.
Total Loan Closing
$6,871

Rental Income
Monthly Market Rent
$2,100
Potential Gross Rent
$25,200
Vacancy Factor
%
$1,260
Effective Gross Rent
$23,940
Property Taxes
%
$4,027
Hazard Insurance
%
$1,052
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,579
Net Operating Income
$18,361
Annual Loan Payment
$14,674
Net Cash Flow After Debt Service
$3,687
Debt Coverage Ratio
1.25
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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.