131200

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
%
%
%

$86,883

Cash Out Proceeds

$11,145

Annual Net Cash Flow

$1,493

New Loan Payment

1.62

Debt Service Coverage

Refinance Cost
New Loan Amount
$218,880
Current Loan Payoff
$116,700
Loan Points
$4,378
Loan Closing Costs
$10,920
Total Refinance Cost
$131,997
Total Cash Out Proceeds
$86,883

Loan Terms
New Loan Amount
$218,880
Monthly Loan Payment
$1,493
Interest Rate
7.25%
Property Net Cash Flow
$29,063
Annual Loan Payment
$17,918
Debt Coverage Ratio
1.62

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$1,204
Title - Lender's Policy
%
$1,532
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)
$3,619
Misc.
Total Loan Closing
$10,920

Rental Income
Monthly Market Rent
$3,200
Potential Gross Rent
$38,400
Vacancy Factor
%
$1,920
Effective Gross Rent
$36,480
Property Taxes
%
$3,298
Hazard Insurance
%
$3,619
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,417
Net Operating Income
$29,063
Annual Loan Payment
$17,918
Net Cash Flow After Debt Service
$11,145
Debt Coverage Ratio
1.62
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.