125912

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
%
%
%

$80,997

Cash Out Proceeds

$8,226

Annual Net Cash Flow

$1,346

New Loan Payment

1.51

Debt Service Coverage

Refinance Cost
New Loan Amount
$197,348
Current Loan Payoff
$105,300
Loan Points
$3,947
Loan Closing Costs
$7,104
Total Refinance Cost
$116,351
Total Cash Out Proceeds
$80,997

Loan Terms
New Loan Amount
$197,348
Monthly Loan Payment
$1,346
Interest Rate
7.25%
Property Net Cash Flow
$24,381
Annual Loan Payment
$16,155
Debt Coverage Ratio
1.51

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,381
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)
$1,158
Misc.
Total Loan Closing
$7,104

Rental Income
Monthly Market Rent
$2,800
Potential Gross Rent
$33,600
Vacancy Factor
%
$1,680
Effective Gross Rent
$31,920
Property Taxes
%
$5,881
Hazard Insurance
%
$1,158
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,539
Net Operating Income
$24,381
Annual Loan Payment
$16,155
Net Cash Flow After Debt Service
$8,226
Debt Coverage Ratio
1.51
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.