What a good house hack deal looks like?

[Mike Bonadies]

Hi Bigger Pockets Community!

I would really like some feedback on what realistic numbers look like for a duplex house hack, as I am struggling to find that unicorn property where everything fits perfectly and I don't want unrealistic expectations prevent me from ever pulling the trigger.

To set the stage, I have been looking for multi-family properties for me to house hack into in the Maryland area for a few months. I haven't found many properties that get me excited - most failing to connect due to the numbers or the incredibly tough tenant laws.

This past week I finally found a property that has me in the black after I do some improvements to it, but again its not that Brandon Turner style story of house hacking while making money. I am wondering are those stores of making money (ie. Positive Net Cashflow) on a residential house hack the exception verses what my goal should be - to get as close as possible to cash flow neutral and save money on paying for rent. My question to you all is: how profitable do you think a house hack should be before you consider it a good deal?

Below are the numbers for my most recent property I am looking at:

Its a duplex (two 3/1s) with a detached storage building (could be used as a mechanics garage or woodwork shop). We can convert the basement to an efficiency to get some more rent. 

Best,

Mike