Placing Offers on first home

[Rylee McGuire]

Hello friends! 

My name is Rylee, and I am looking into purchasing my first rental property using a FHA loan, using the house hacking method. As you know the prices in Massachusetts are ridiculous, but so is the rent. Average rent for a month with 3 people is about $2,900 where I am looking. I have been hearing some different things and I just want to make sure I am thinking right. So my cash flow would be what I would not be paying on rent right ? I have run my numbers a few times to me it almost seems like I would be doing a little better than breaking even about 6% ROI. Is it worth it ?