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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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$76,890

Cash Out Proceeds

$18,702

Annual Net Cash Flow

$1,281

New Loan Payment

2.22

Debt Service Coverage

Refinance Cost
New Loan Amount
$187,725
Current Loan Payoff
$100,100
Loan Points
$3,755
Loan Closing Costs
$6,980
Total Refinance Cost
$110,835
Total Cash Out Proceeds
$76,890

Loan Terms
New Loan Amount
$187,725
Monthly Loan Payment
$1,281
Interest Rate
7.25%
Property Net Cash Flow
$34,069
Annual Loan Payment
$15,367
Debt Coverage Ratio
2.22

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,314
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)
$1,101
Misc.
Total Loan Closing
$6,980

Rental Income
Monthly Market Rent
$3,500
Potential Gross Rent
$42,000
Vacancy Factor
%
$2,100
Effective Gross Rent
$39,900
Property Taxes
%
$4,230
Hazard Insurance
%
$1,101
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,831
Net Operating Income
$34,069
Annual Loan Payment
$15,367
Net Cash Flow After Debt Service
$18,702
Debt Coverage Ratio
2.22
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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.