127059

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
%
%
%

$95,075

Cash Out Proceeds

$2,120

Annual Net Cash Flow

$1,568

New Loan Payment

1.11

Debt Service Coverage

Refinance Cost
New Loan Amount
$229,793
Current Loan Payoff
$122,600
Loan Points
$4,596
Loan Closing Costs
$7,522
Total Refinance Cost
$134,718
Total Cash Out Proceeds
$95,075

Loan Terms
New Loan Amount
$229,793
Monthly Loan Payment
$1,568
Interest Rate
7.25%
Property Net Cash Flow
$20,931
Annual Loan Payment
$18,811
Debt Coverage Ratio
1.11

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,609
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)
$1,348
Misc.
Total Loan Closing
$7,522

Rental Income
Monthly Market Rent
$2,400
Potential Gross Rent
$28,800
Vacancy Factor
%
$1,440
Effective Gross Rent
$27,360
Property Taxes
%
$4,581
Hazard Insurance
%
$1,348
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$6,429
Net Operating Income
$20,931
Annual Loan Payment
$18,811
Net Cash Flow After Debt Service
$2,120
Debt Coverage Ratio
1.11
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.