What does a $300K DSCR rental refinance cost?

The deal, in pictures

Words on this page

Cash to close

The money you bring to the closing table: down payment plus every closing cost.

Reserves

Months of payments or interest you show in the bank. They stay in your account.

DSCR

Rent divided by the full monthly payment. 1.00 means the rent exactly covers it.

The short answer, as of October 2026

• Nothing is due at closing either way: the costs come out of the new loan.
• There is no origination fee. The biggest lines are title, our 1% broker fee and the lender’s $2,295.
• Reserves: 6 months of the new payment stay in your account.

Capital Kings LLC is a broker, not a lender. We compare every file across 400+ lenders and send the term sheet with every fee on it before you sign.

Every dollar, line by line

A $300,000 single-family rental with a $175,000 payoff, renting for $2,450, 745 credit, 30-year fixed. The real term sheet for both refinances, every line labeled by who gets paid:

Payoff onlyCash-out

Open the full term sheet →

Cash to close$0

Proof of funds to show$11,346

Every fee, and who gets paid

• Lender fees, underwriting and legalLender$2,295
• Broker feeBroker$2,000
• Closing / titleTitle co$1,853
• Property insuranceInsurer$1,500
• Escrow setup, 3 months of taxesLender$1,500
• Prepaid interestLender$553
• Appraisal feeAppraiser$550

The $10,251 of closing costs roll into the new loan. Proof of funds is $11,346 of reserves, 6 months of the payment. The gold broker line is the only money Capital Kings earns.

A sample sheet for a made-up borrower, built the same way yours is. Yours takes about five minutes and doesn’t pull your credit.

How do the options compare?

The cash-out loan is bigger, so the fees that scale with the loan (title and our broker fee) are bigger too.

Every closing cost on a $300,000 refinance

745 credit, $175,000 current payoff, $2,450 a month of rent, single family, 5-year step-down prepayment penalty. The payoff-only loan rolls its closing costs in; the cash-out loan takes them out of your proceeds. Either way nothing is due at closing. Taxes and insurance are estimated at 2% and 0.5% of value until we have the real bills. Rates as of October 2026.

How does it actually work?

The rate is higher on a cash-out, 8.15% against 7.27% here, partly because cash-out adds about 0.37% over a purchase and partly because the loan sits at a higher loan to value.

Timing matters. Most lenders want you to own the rental more than 90 days before a cash-out, and size it on what you paid plus the rehab until about 180 days.

What else do people ask?