133299

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
%
%
%

$144,606

Cash Out Proceeds

$-6,718

Annual Net Cash Flow

$2,345

New Loan Payment

0.76

Debt Service Coverage

Refinance Cost
New Loan Amount
$343,770
Current Loan Payoff
$183,300
Loan Points
$6,875
Loan Closing Costs
$8,988
Total Refinance Cost
$199,164
Total Cash Out Proceeds
$144,606

Loan Terms
New Loan Amount
$343,770
Monthly Loan Payment
$2,345
Interest Rate
7.25%
Property Net Cash Flow
$21,423
Annual Loan Payment
$28,141
Debt Coverage Ratio
0.76

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,406
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)
$2,017
Misc.
Total Loan Closing
$8,988

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$4,561
Hazard Insurance
%
$2,017
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,077
Net Operating Income
$21,423
Annual Loan Payment
$28,141
Net Cash Flow After Debt Service
$-6,718
Debt Coverage Ratio
0.76
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.