House Hacking in NYC

[Tae Young Lee]

I'm currently in the process of applying for a VA Home Loan, in New York City, and could potentially have up to $625,000.00 to spend on a multifamily home. I've been looking mainly in Brooklyn and the Bronx. The problem I run into is that, because I'm occupying one of the bedrooms I find it hard to just break even when factoring in the income vs. expenses. Does anyone out there with more experience know if it's even possible to come out with a positive Cash on Cash ROI, when you're house hacking in NYC? One thing to note is that I work near Manhattan and I don't want to purchase anything too far on the outskirts of the city.