Rental property calculator

[Tyler Mutch]

Hello, My name is Tyler Mutch. I am a buy and hold investor in the Milwaukee, Wisconsin area. I am currently looking into doing a house hack for my first real estate deal. I was wondering how that changed the numbers that you plugged into the rental property calculator when you go to crunch your numbers? Should I include the unit I would be living in as another unit, or simply use the rent from the other unit?  Any advice or references would be awesome, thanks in advance!

[Mike Lowery]

You probably don't intend to live there forever, so I would include in your calculations what you would expect to get for rent from the unit. Same thing with property management. A lot of people don't think the include it in their initial analysis if they self manage, but eventually one may hire a property manager. That additional expense could kill your return if the numbers are tight. I think in your situation, you should be fine, but I would calculate the gross rent that you think you could get for the property and go off those numbers.