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Updated over 5 years ago,
is this a good deal? house hack duplex 150/per door?
property purchase cost | $ 265,000.00 | net cash flow | ||
closing cost | $ 5,000.00 | total rent | $ 2,200.00 | |
down payment | $ 26,500.00 | 10% down | total expenses | $ 1,830.33 |
total cost | $ 233,500.00 | |||
net cash flow | $ 369.67 | |||
total cash down | $ 31,500.00 | |||
current rents | $ 1,900.00 | |||
cocr | ||||
new rents | 2bds/1 each x2 | cash flow yearly | $ 4,436.04 | |
other income | $ 2,200.00 | cash down | $ 31,500.00 | |
total rents | $ 2,200.00 | cocr | 14% | |
expenses | niche rating | B | ||
taxes | $ 208.33 | truila crime map | 0.5 | |
home insurances | $ 100.00 | years with one owner | 18 | |
water | renter pays | market rent lowest | $ 950.00 | |
mortage insurance | $ 54.00 | market rent highest | $ 1,400.00 | |
capex | $ 110.00 | market rent med | $ 1,200.00 | |
repairs | $ 110.00 | sq ft 1778 | $ 157.00 | |
vacancy | $ 110.00 | |||
mortages | $ 1,138.00 | |||
total expenses | $ 1,830.33 | |||
rate | 4% |