102227

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.

Want to analyze a specific property?
See Zillow® Property Page
Favorite & Email Results
%
%
%

$90,875

Cash Out Proceeds

$11,738

Annual Net Cash Flow

$1,501

New Loan Payment

1.65

Debt Service Coverage

Refinance Cost
New Loan Amount
$220,073
Current Loan Payoff
$117,400
Loan Points
$4,401
Loan Closing Costs
$7,397
Total Refinance Cost
$129,198
Total Cash Out Proceeds
$90,875

Loan Terms
New Loan Amount
$220,073
Monthly Loan Payment
$1,501
Interest Rate
7.25%
Property Net Cash Flow
$29,753
Annual Loan Payment
$18,015
Debt Coverage Ratio
1.65

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,541
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)
$1,291
Misc.
Total Loan Closing
$7,397

Rental Income
Monthly Market Rent
$3,000
Potential Gross Rent
$36,000
Vacancy Factor
%
$1,800
Effective Gross Rent
$34,200
Property Taxes
%
$2,656
Hazard Insurance
%
$1,291
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,447
Net Operating Income
$29,753
Annual Loan Payment
$18,015
Net Cash Flow After Debt Service
$11,738
Debt Coverage Ratio
1.65
Favorite & Email Results
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.