131199

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
%
%
%

$69,106

Cash Out Proceeds

$10,314

Annual Net Cash Flow

$1,159

New Loan Payment

1.74

Debt Service Coverage

Refinance Cost
New Loan Amount
$169,853
Current Loan Payoff
$90,600
Loan Points
$3,397
Loan Closing Costs
$6,750
Total Refinance Cost
$100,747
Total Cash Out Proceeds
$69,106

Loan Terms
New Loan Amount
$169,853
Monthly Loan Payment
$1,159
Interest Rate
7.25%
Property Net Cash Flow
$24,218
Annual Loan Payment
$13,904
Debt Coverage Ratio
1.74

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,189
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)
$996
Misc.
Total Loan Closing
$6,750

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,786
Hazard Insurance
%
$996
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,282
Net Operating Income
$24,218
Annual Loan Payment
$13,904
Net Cash Flow After Debt Service
$10,314
Debt Coverage Ratio
1.74
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.