162025

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
%
%
%

$409,937

Cash Out Proceeds

$-77,343

Annual Net Cash Flow

$6,518

New Loan Payment

0.01

Debt Service Coverage

Refinance Cost
New Loan Amount
$955,403
Current Loan Payoff
$509,500
Loan Points
$19,108
Loan Closing Costs
$16,858
Total Refinance Cost
$545,466
Total Cash Out Proceeds
$409,937

Loan Terms
New Loan Amount
$955,403
Monthly Loan Payment
$6,518
Interest Rate
7.25%
Property Net Cash Flow
$867
Annual Loan Payment
$78,210
Debt Coverage Ratio
0.01

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$6,688
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)
$5,605
Misc.
Total Loan Closing
$16,858

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$21,528
Hazard Insurance
%
$5,605
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$27,633
Net Operating Income
$867
Annual Loan Payment
$78,210
Net Cash Flow After Debt Service
$-77,343
Debt Coverage Ratio
0.01
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.