126901

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
%
%
%

$69,422

Cash Out Proceeds

$9,644

Annual Net Cash Flow

$1,163

New Loan Payment

1.69

Debt Service Coverage

Refinance Cost
New Loan Amount
$170,490
Current Loan Payoff
$90,900
Loan Points
$3,410
Loan Closing Costs
$6,759
Total Refinance Cost
$101,068
Total Cash Out Proceeds
$69,422

Loan Terms
New Loan Amount
$170,490
Monthly Loan Payment
$1,163
Interest Rate
7.25%
Property Net Cash Flow
$23,601
Annual Loan Payment
$13,957
Debt Coverage Ratio
1.69

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,193
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)
$1,000
Misc.
Total Loan Closing
$6,759

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,398
Hazard Insurance
%
$1,000
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,899
Net Operating Income
$23,601
Annual Loan Payment
$13,957
Net Cash Flow After Debt Service
$9,644
Debt Coverage Ratio
1.69
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.