127388

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
%
%
%

$109,277

Cash Out Proceeds

$-991

Annual Net Cash Flow

$1,790

New Loan Payment

0.95

Debt Service Coverage

Refinance Cost
New Loan Amount
$262,365
Current Loan Payoff
$139,900
Loan Points
$5,247
Loan Closing Costs
$7,941
Total Refinance Cost
$153,088
Total Cash Out Proceeds
$109,277

Loan Terms
New Loan Amount
$262,365
Monthly Loan Payment
$1,790
Interest Rate
7.25%
Property Net Cash Flow
$20,487
Annual Loan Payment
$21,478
Debt Coverage Ratio
0.95

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,837
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)
$1,539
Misc.
Total Loan Closing
$7,941

Rental Income
Monthly Market Rent
$2,200
Potential Gross Rent
$26,400
Vacancy Factor
%
$1,320
Effective Gross Rent
$25,080
Property Taxes
%
$2,554
Hazard Insurance
%
$1,539
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,593
Net Operating Income
$20,487
Annual Loan Payment
$21,478
Net Cash Flow After Debt Service
$-991
Debt Coverage Ratio
0.95
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.