187967

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
%
%
%

$82,295

Cash Out Proceeds

$4,986

Annual Net Cash Flow

$1,365

New Loan Payment

1.3

Debt Service Coverage

Refinance Cost
New Loan Amount
$200,138
Current Loan Payoff
$106,700
Loan Points
$4,003
Loan Closing Costs
$7,140
Total Refinance Cost
$117,843
Total Cash Out Proceeds
$82,295

Loan Terms
New Loan Amount
$200,138
Monthly Loan Payment
$1,365
Interest Rate
7.25%
Property Net Cash Flow
$21,369
Annual Loan Payment
$16,383
Debt Coverage Ratio
1.3

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,401
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)
$1,174
Misc.
Total Loan Closing
$7,140

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$5,457
Hazard Insurance
%
$1,174
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,131
Net Operating Income
$21,369
Annual Loan Payment
$16,383
Net Cash Flow After Debt Service
$4,986
Debt Coverage Ratio
1.3
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.