127276

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
%
%
%

$330,834

Cash Out Proceeds

$-43,276

Annual Net Cash Flow

$5,274

New Loan Payment

0.32

Debt Service Coverage

Refinance Cost
New Loan Amount
$773,108
Current Loan Payoff
$412,300
Loan Points
$15,462
Loan Closing Costs
$14,512
Total Refinance Cost
$442,274
Total Cash Out Proceeds
$330,834

Loan Terms
New Loan Amount
$773,108
Monthly Loan Payment
$5,274
Interest Rate
7.25%
Property Net Cash Flow
$20,011
Annual Loan Payment
$63,287
Debt Coverage Ratio
0.32

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$5,412
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)
$4,536
Misc.
Total Loan Closing
$14,512

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$3,453
Hazard Insurance
%
$4,536
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,489
Net Operating Income
$20,011
Annual Loan Payment
$63,287
Net Cash Flow After Debt Service
$-43,276
Debt Coverage Ratio
0.32
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.