Cash-out Refinance Analysis
Loan Summary
Maximum Loan Amount (75% LTV):
$375,000
Current Loan Balance:
$300,000
Loan Payoff Amount:
$310,000
New Loan Amount:
$360,000
New Loan-to-Value (LTV):
72.0%
Monthly Payment
Principal & Interest:
$2,517
Total Monthly Payment:
$3,017
DSCR Analysis
Monthly Rental Income:
$3,000
Total Monthly Payment:
$3,017
Debt Service Coverage Ratio:
0.99
Doesn't Qualify
This property doesn't meet DSCR requirements.