Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Expected Cash Flow if Living in First Rental Property
Hello,
I am currently considering purchasing my first rental property which I expect to live in for the first year. The place is 3 bedrooms and I plan on living in one and renting the other two rooms.
Let's say for example, the property is 225k with a 20% down payment and I expect to collect $1,600 monthly for renting two rooms, will I be cash flow positive? Will I also include what I would normally pay as rent into the calculation as well?