130685

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
%
%
%

$66,770

Cash Out Proceeds

$-1,378

Annual Net Cash Flow

$1,123

New Loan Payment

0.9

Debt Service Coverage

Refinance Cost
New Loan Amount
$164,543
Current Loan Payoff
$87,800
Loan Points
$3,291
Loan Closing Costs
$6,682
Total Refinance Cost
$97,773
Total Cash Out Proceeds
$66,770

Loan Terms
New Loan Amount
$164,543
Monthly Loan Payment
$1,123
Interest Rate
7.25%
Property Net Cash Flow
$12,092
Annual Loan Payment
$13,470
Debt Coverage Ratio
0.9

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,152
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)
$965
Misc.
Total Loan Closing
$6,682

Rental Income
Monthly Market Rent
$1,500
Potential Gross Rent
$18,000
Vacancy Factor
%
$900
Effective Gross Rent
$17,100
Property Taxes
%
$3,543
Hazard Insurance
%
$965
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,008
Net Operating Income
$12,092
Annual Loan Payment
$13,470
Net Cash Flow After Debt Service
$-1,378
Debt Coverage Ratio
0.9
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.