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Updated over 5 years ago on . Most recent reply

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What CoC ROI should I aim for when I plan to house hack?

Posted

During the webinar Brandon mentioned that he shoots for an 12% CoC ROI on his rental properties. This makes sense if you can rent out all of the units. However this figure seems more difficult if I plan live in one of the units.

If I intended to house hack and live in one of the homes, what CoC ROI should I aim for?

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Frankie Woods
  • Investor
  • Arlington, VA
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1,285
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Frankie Woods
  • Investor
  • Arlington, VA
Replied

@Santino Lauricella you nailed it.  Negative cashflow in a house hack is ok if the numbers work with you not living there.  When I house hack, I actually "charge" myself market rent when running the numbers each year.  It always makes me smile at the end of the year :).  Besides, you have to live somewhere; might as well pay yourself first!

Best of luck my dude!

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