Are these good loan terms?

[Alex Stewart]

I am looking for some input on a refinance deal that I have on the table for 4 rental properties I currently own free-and-clear. Do these terms look competitive with what you are getting? Thanks in advance!

Loan Type: Cash-Out Refinance

Number of Properties in Loan: 4

Interest Rate: 4.75% Fixed

Points Pre-Paid: 0.5%

Term: 10 years

Amortization: 20 years

LTV: 70%

Closing Costs: $1,000 each plus $350 for appraisal.