125722

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
%
%
%

$29,266

Cash Out Proceeds

$20,154

Annual Net Cash Flow

$533

New Loan Payment

4.15

Debt Service Coverage

Refinance Cost
New Loan Amount
$78,098
Current Loan Payoff
$41,700
Loan Points
$1,562
Loan Closing Costs
$5,570
Total Refinance Cost
$48,832
Total Cash Out Proceeds
$29,266

Loan Terms
New Loan Amount
$78,098
Monthly Loan Payment
$533
Interest Rate
7.25%
Property Net Cash Flow
$26,547
Annual Loan Payment
$6,393
Debt Coverage Ratio
4.15

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$547
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)
$458
Misc.
Total Loan Closing
$5,570

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$994
Hazard Insurance
%
$458
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$1,953
Net Operating Income
$26,547
Annual Loan Payment
$6,393
Net Cash Flow After Debt Service
$20,154
Debt Coverage Ratio
4.15
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.