102664

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
%
%
%

$30,076

Cash Out Proceeds

$20,041

Annual Net Cash Flow

$544

New Loan Payment

4.07

Debt Service Coverage

Refinance Cost
New Loan Amount
$79,763
Current Loan Payoff
$42,500
Loan Points
$1,595
Loan Closing Costs
$5,591
Total Refinance Cost
$49,687
Total Cash Out Proceeds
$30,076

Loan Terms
New Loan Amount
$79,763
Monthly Loan Payment
$544
Interest Rate
7.25%
Property Net Cash Flow
$26,570
Annual Loan Payment
$6,529
Debt Coverage Ratio
4.07

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$558
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)
$468
Misc.
Total Loan Closing
$5,591

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$962
Hazard Insurance
%
$468
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$1,930
Net Operating Income
$26,570
Annual Loan Payment
$6,529
Net Cash Flow After Debt Service
$20,041
Debt Coverage Ratio
4.07
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.