Your scenario
Refinance inputs
This diagnostic uses your assumptions, not a lender commitment. It excludes taxes, insurance, reserves, fees, prepayment costs, subordinate debt and property-specific underwriting adjustments.
Test the two constraints lenders commonly apply—cash-flow coverage and leverage—and estimate a potential refinance proceeds gap.
Your scenario
How to read the result
NOI supports less debt than the property value would otherwise permit. Options may include lower-cost debt, NOI improvement, interest-only structure, paydown, or additional capital.
The LTV ceiling controls proceeds. Updated valuation evidence, paydown, preferred equity, or another structure may be relevant.
The assumptions support the payoff on these two tests. Full underwriting still considers property, sponsorship, liquidity, market, reserves and execution risk.
If your bank declined the loan, capture its reason in the bank-declined second look. If your balloon is due soon, use the maturity action plan to organize the deadline and payoff.