131653

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
%
%
%

$320,621

Cash Out Proceeds

$-16,022

Annual Net Cash Flow

$5,113

New Loan Payment

0.74

Debt Service Coverage

Refinance Cost
New Loan Amount
$749,520
Current Loan Payoff
$399,700
Loan Points
$14,990
Loan Closing Costs
$14,209
Total Refinance Cost
$428,899
Total Cash Out Proceeds
$320,621

Loan Terms
New Loan Amount
$749,520
Monthly Loan Payment
$5,113
Interest Rate
7.25%
Property Net Cash Flow
$45,335
Annual Loan Payment
$61,357
Debt Coverage Ratio
0.74

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$5,247
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)
$4,397
Misc.
Total Loan Closing
$14,209

Rental Income
Monthly Market Rent
$4,700
Potential Gross Rent
$56,400
Vacancy Factor
%
$2,820
Effective Gross Rent
$53,580
Property Taxes
%
$3,348
Hazard Insurance
%
$4,397
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,245
Net Operating Income
$45,335
Annual Loan Payment
$61,357
Net Cash Flow After Debt Service
$-16,022
Debt Coverage Ratio
0.74
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.