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Updated almost 4 years ago on .
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House Hack then BRRRR or Pass?
So I would love to get some input on this duplex.
Monthly Income:1650.00 Monthly Expenses:2,027.56 Monthly Cash Flow: -342.65 Pro Forma Cap Rate:-1.67% |
So we would do this as a house hack. The building has two units both are 2/1. if we purchased this we would be paying 342.65 in rent a month while my husband and I both have high paying jobs. right now we are renting for $2775 a month. That would help us pocket $2432.35 a month. We would perform the BRRRR method on the home and look for another place to house hack. With both units the available for rent. Renting both units for $1500 |
Monthly Income: 3,100.00 Monthly Expenses: 2,249.41, Monthly Cashflow: 889.85 |
Hope this makes sense. |