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Updated almost 9 years ago,

User Stats

133
Posts
37
Votes
Robert Andrade
  • Construction Trucking Owner / Operator
  • New Bedford, MA
37
Votes |
133
Posts

House Hacking help please

Robert Andrade
  • Construction Trucking Owner / Operator
  • New Bedford, MA
Posted

Hey Y'all

Im looking at a duplex that has potentially great #s when both units are rented but if I house hack for that first year or two there's no way to make the #s positive. 

       https://www.biggerpockets.com/calculators/shared/376407/ee3559e4-bd98-4736-acc6-df7d38de66ed    

cash flow of -$255 and CoC ROI -52.5%

once i move out and rent the second unit I'm looking at MCF of $460. and CoC of 54.99%

of course these aren't hard figures but probably pretty close. I'm using the BP rental property calculator 

does this make sense? Is this typical when hacking?

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