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Strong fitSingle family4d on market

$89,000

205 N 3rd St

Princeton WV 24740

2 beds1 bath940 sqft
99
Deal score
Est. rent
$1,150/mo
Cash flow
$601/mo
Cap rate
13.9%
Cash-on-cash
32.4%
Max offer
$89,000
Rental verdict

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Pro forma

Cash flow
$601/mo
Cap rate
13.9%
Cash-on-cash
32.4%
DSCR
2.40
Down payment25.0% · $22,250
Interest rate6.69%
Monthly rent$1,150/mo
Adjust assumptions

Every number on this page assumes the home stays rented and nothing is set aside. That is deliberate, but it is not what most landlords spend. Standard investor assumptions (23% of rent, about $265/mo for management, vacancy, maintenance and CapEx) would put cash flow at $337/mo. Set your own below.

Property management0% of rent · $0/mo
Vacancy (empty between tenants)0% of rent · $0/mo
Maintenance (small repairs)0% of rent · $0/mo
CapEx (saving for big repairs)0% of rent · $0/mo

Monthly payment (PITI)

  • Principal & interest$430
  • Property tax$89
  • Insurance$30
  • Total payment$549/mo

Cash-flow math charges taxes, insurance, HOA and PMI in full and holds nothing back from rent, the same basis your board ranks on. Management, vacancy, maintenance and CapEx are yours to set above.

Cash you'd need to close (est.)

  • Down payment (25.0%)$22,250
  • Closing costs (~3%: title, lender, prepaid escrow)$2,670
  • Reserves (2 months of payments)$1,098
  • Total cash to close$26,018

An estimate — your lender's Loan Estimate is the real number. Doesn't include any repairs needed before renting.

Where it sits

205 N 3rd St in context — the streets, water and amenities around it.

Street View ↗

Property details

205 N 3rd St · Princeton WV 24740

Beds
2
Baths
1
Square feet
940
Price / sqft
$95
Home type
Single family
Days on market
4 days
HOA
None
Status
For Sale

Status per the source feed — contingent/pending changes can lag the MLS by up to ~12 hours.