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966 Cherry Ave, Dickinson, ND 58601

3 beds • 2 baths • 2040 sqft

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This property looks like a bad Airbnb investment with a projected -5.62% first-year return on $89,274 initial cash invested.

-5.62%

Cash On Cash

5.06%

Cap Rate

0.83

DSCR

$3,258

Rent

-$418

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,274

Downpayment

20%

$67,880

Closing costs

1%

$3,394

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,258

Total Expenses

$3,676

Mortgage P&I

53%

$1,718

Property Taxes

8%

$273

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$489

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$814

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