127627

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
%
%
%

$43,136

Cash Out Proceeds

$15,800

Annual Net Cash Flow

$750

New Loan Payment

2.76

Debt Service Coverage

Refinance Cost
New Loan Amount
$109,913
Current Loan Payoff
$58,600
Loan Points
$2,198
Loan Closing Costs
$5,979
Total Refinance Cost
$66,777
Total Cash Out Proceeds
$43,136

Loan Terms
New Loan Amount
$109,913
Monthly Loan Payment
$750
Interest Rate
7.25%
Property Net Cash Flow
$24,798
Annual Loan Payment
$8,998
Debt Coverage Ratio
2.76

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$769
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)
$645
Misc.
Total Loan Closing
$5,979

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,557
Hazard Insurance
%
$645
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$3,702
Net Operating Income
$24,798
Annual Loan Payment
$8,998
Net Cash Flow After Debt Service
$15,800
Debt Coverage Ratio
2.76
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.