152225

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
%
%
%

$190,453

Cash Out Proceeds

$-7,860

Annual Net Cash Flow

$3,067

New Loan Payment

0.79

Debt Service Coverage

Refinance Cost
New Loan Amount
$449,595
Current Loan Payoff
$239,800
Loan Points
$8,992
Loan Closing Costs
$10,350
Total Refinance Cost
$259,142
Total Cash Out Proceeds
$190,453

Loan Terms
New Loan Amount
$449,595
Monthly Loan Payment
$3,067
Interest Rate
7.25%
Property Net Cash Flow
$28,944
Annual Loan Payment
$36,804
Debt Coverage Ratio
0.79

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$3,147
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)
$2,638
Misc.
Total Loan Closing
$10,350

Rental Income
Monthly Market Rent
$3,900
Potential Gross Rent
$46,800
Vacancy Factor
%
$2,340
Effective Gross Rent
$44,460
Property Taxes
%
$12,379
Hazard Insurance
%
$2,638
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$15,516
Net Operating Income
$28,944
Annual Loan Payment
$36,804
Net Cash Flow After Debt Service
$-7,860
Debt Coverage Ratio
0.79
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.