125709

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
%
%
%

$510,818

Cash Out Proceeds

$-73,594

Annual Net Cash Flow

$8,105

New Loan Payment

0.24

Debt Service Coverage

Refinance Cost
New Loan Amount
$1,188,030
Current Loan Payoff
$633,600
Loan Points
$23,761
Loan Closing Costs
$19,851
Total Refinance Cost
$677,212
Total Cash Out Proceeds
$510,818

Loan Terms
New Loan Amount
$1,188,030
Monthly Loan Payment
$8,105
Interest Rate
7.25%
Property Net Cash Flow
$23,660
Annual Loan Payment
$97,254
Debt Coverage Ratio
0.24

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$8,316
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)
$6,970
Misc.
Total Loan Closing
$19,851

Rental Income
Monthly Market Rent
$5,600
Potential Gross Rent
$67,200
Vacancy Factor
%
$3,360
Effective Gross Rent
$63,840
Property Taxes
%
$32,710
Hazard Insurance
%
$6,970
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$40,180
Net Operating Income
$23,660
Annual Loan Payment
$97,254
Net Cash Flow After Debt Service
$-73,594
Debt Coverage Ratio
0.24
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.