General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago,
Using the Rental calculator to analyze multifamily properties
Good morning friends,
When I'm using the Rental calculator to analyze 3-unit multifamily and the strategy I'm implementing will be house hacking/ BRRRR. Do I calculate only 2-unit rental incomes since i am going to be living in the third? Or do I run the number as if I were renting all 3 units showing income so that my numbers will be correct n a year once i refinance and repeat? I'm trying to get my cash on cash to 12% and what would you recommend I should be shooting to make on monthly "cash flow" in the analysis? Considering that I will be living rent-free. I'm hitting a wall and going to meet with the realtor to get more concrete data today.
Thanks,
Jeremy Roach