125928

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
%
%
%

$59,527

Cash Out Proceeds

$12,105

Annual Net Cash Flow

$1,007

New Loan Payment

2

Debt Service Coverage

Refinance Cost
New Loan Amount
$147,645
Current Loan Payoff
$78,700
Loan Points
$2,953
Loan Closing Costs
$6,465
Total Refinance Cost
$88,118
Total Cash Out Proceeds
$59,527

Loan Terms
New Loan Amount
$147,645
Monthly Loan Payment
$1,007
Interest Rate
7.25%
Property Net Cash Flow
$24,191
Annual Loan Payment
$12,086
Debt Coverage Ratio
2

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,034
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)
$866
Misc.
Total Loan Closing
$6,465

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,943
Hazard Insurance
%
$866
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,309
Net Operating Income
$24,191
Annual Loan Payment
$12,086
Net Cash Flow After Debt Service
$12,105
Debt Coverage Ratio
2
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.