99496

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
%
%
%

$131,670

Cash Out Proceeds

$4,407

Annual Net Cash Flow

$2,143

New Loan Payment

1.17

Debt Service Coverage

Refinance Cost
New Loan Amount
$314,160
Current Loan Payoff
$167,600
Loan Points
$6,283
Loan Closing Costs
$8,607
Total Refinance Cost
$182,490
Total Cash Out Proceeds
$131,670

Loan Terms
New Loan Amount
$314,160
Monthly Loan Payment
$2,143
Interest Rate
7.25%
Property Net Cash Flow
$30,125
Annual Loan Payment
$25,718
Debt Coverage Ratio
1.17

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,199
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)
$1,843
Misc.
Total Loan Closing
$8,607

Rental Income
Monthly Market Rent
$3,300
Potential Gross Rent
$39,600
Vacancy Factor
%
$1,980
Effective Gross Rent
$37,620
Property Taxes
%
$5,152
Hazard Insurance
%
$1,843
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$7,495
Net Operating Income
$30,125
Annual Loan Payment
$25,718
Net Cash Flow After Debt Service
$4,407
Debt Coverage Ratio
1.17
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.