Form 4562 has absolutely nothing to do with a refund, in any way, shape, form or fashion.
No, there is not a way to separate things out to see the taxes on each individual property.
If you'll look at line 26 of the SCH E, that is your total taxable rental income. I fully expect it to show a loss; not a taxable gain. This is absolutely normal for long term residential rental real estate.
