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Updated almost 6 years ago,

User Stats

18
Posts
6
Votes
Jeremy Roach
  • Erie, PA
6
Votes |
18
Posts

Using the Rental calculator to analyze multifamily properties

Jeremy Roach
  • Erie, PA
Posted

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

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