How to analyze a potential house hack deal?

[Andrew Emery]

Hi family,

We are in the process of potentially entering into our first REI deal. It would be a house hack situation where we would live in the lower half of a duplex and rent out the top half.

Also we currently live in a home that we "own" that we would rent out in order to begin our journey into REI.

My question is: Is there a good way to analyze the deal where we are buying and living in a multi that would not collect the full rent potential? We will not be there forever maybe 2 years at the most then move on to our next hack or maybe our forever home. 

(I may have figured this out as I am typing this, but I will still post this to get more views on the situation.)

BTW the numbers are as follows:

Duplex price:$235,000

Money down: Poss 0%-5% (11,750) with conventional financing at around 3.8%

Taxes: $939

Ins: approx. $1500

Top unit Rental: currently not rented but the potential is $750 for the area

Bottom: Future rental is potentially $1000

Anything else I missed please let me know thanks.