125602

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
%
%
%

$73,970

Cash Out Proceeds

$10,763

Annual Net Cash Flow

$1,239

New Loan Payment

1.72

Debt Service Coverage

Refinance Cost
New Loan Amount
$181,575
Current Loan Payoff
$96,800
Loan Points
$3,632
Loan Closing Costs
$7,174
Total Refinance Cost
$107,605
Total Cash Out Proceeds
$73,970

Loan Terms
New Loan Amount
$181,575
Monthly Loan Payment
$1,239
Interest Rate
7.25%
Property Net Cash Flow
$25,627
Annual Loan Payment
$14,864
Debt Coverage Ratio
1.72

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$272
Title - Lender's Policy
%
$1,271
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)
$1,065
Misc.
Total Loan Closing
$7,174

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$1,307
Hazard Insurance
%
$1,065
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$2,873
Net Operating Income
$25,627
Annual Loan Payment
$14,864
Net Cash Flow After Debt Service
$10,763
Debt Coverage Ratio
1.72
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.