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Real Estate Deal Analysis & Advice

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Alex Longinidis
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  • New to Real Estate
  • Fairhaven, MA
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[Calc Review] New Investor Looking at House Hack, Please Help me analyze this deal!

Alex Longinidis
Pro Member
  • New to Real Estate
  • Fairhaven, MA
Posted May 12 2024, 15:44

Hello!!

I'm looking to buy a house hack and am currently in the process of running numbers.  Hoping to see if someone is able to let me know how accurate my numbers are? 

Thank you!

Alex Longinidis

View report

*This link comes directly from our calculators, based on information input by the member who posted.

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Melanie P.
Pro Member
#2 Multi-Family and Apartment Investing Contributor
  • Rental Property Investor
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Melanie P.
Pro Member
#2 Multi-Family and Apartment Investing Contributor
  • Rental Property Investor
Replied May 13 2024, 07:38

The numbers look good, you included many categories posters frequently omit, be forewarned real life never lives up to these projections. Bottom line is you have a deal that could reduce your monthly living expenses to $100/mo. If it turns out to be slightly better or worse no matter this is a winner and you should get it done ASAP.

User Stats

8
Posts
3
Votes
Alex Longinidis
Pro Member
  • New to Real Estate
  • Fairhaven, MA
3
Votes |
8
Posts
Alex Longinidis
Pro Member
  • New to Real Estate
  • Fairhaven, MA
Replied May 13 2024, 09:36
Quote from @Melanie P.:

The numbers look good, you included many categories posters frequently omit, be forewarned real life never lives up to these projections. Bottom line is you have a deal that could reduce your monthly living expenses to $100/mo. If it turns out to be slightly better or worse no matter this is a winner and you should get it done ASAP.


 Melanie,

Thank you so much for your response!  I will move forward immediately!

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