Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago,

User Stats

30
Posts
11
Votes
Nicole Candelario
  • Cherry Valley, CA
11
Votes |
30
Posts

Can I calculate what I "would" receive for rent while hs hacking?

Nicole Candelario
  • Cherry Valley, CA
Posted

I'm currently living in one of the 4 units of my multi family property and I'm trying to calculate the ROI. I'm only paying $200/mo after I collect my rents. I could rent out the unit for $2400/mo if I moved out. Can I use the market rent for this unit to calculate my ROI or do I have to use what I'm only collecting from the other 3 units? Also, I financed the repairs into the loan. Do I calculate the repairs as part of my initial investment? I financed the property with 100% financing. The only "cash" I used was $5000 for an EMD and $1650 for taxes and insurance (I was able to use the rent deposits toward costs plus my loan company paid closing costs for the seller and for me!) Sorry if I worded this wrong. It sounded so much better in my head!

Nicole Candelario

DRE# 01984085

Loading replies...