127266

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
%
%
%

$340,056

Cash Out Proceeds

$-16,752

Annual Net Cash Flow

$5,420

New Loan Payment

0.74

Debt Service Coverage

Refinance Cost
New Loan Amount
$794,535
Current Loan Payoff
$423,800
Loan Points
$15,891
Loan Closing Costs
$14,788
Total Refinance Cost
$454,479
Total Cash Out Proceeds
$340,056

Loan Terms
New Loan Amount
$794,535
Monthly Loan Payment
$5,420
Interest Rate
7.25%
Property Net Cash Flow
$48,290
Annual Loan Payment
$65,042
Debt Coverage Ratio
0.74

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$5,562
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)
$4,661
Misc.
Total Loan Closing
$14,788

Rental Income
Monthly Market Rent
$5,000
Potential Gross Rent
$60,000
Vacancy Factor
%
$3,000
Effective Gross Rent
$57,000
Property Taxes
%
$3,549
Hazard Insurance
%
$4,661
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,710
Net Operating Income
$48,290
Annual Loan Payment
$65,042
Net Cash Flow After Debt Service
$-16,752
Debt Coverage Ratio
0.74
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.