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Updated almost 7 years ago on . Most recent reply
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Why is my rental calculator data so skewed?
Hello everyone! I have a question about analyzing the numbers on an owner occupied multi-family. We were just watching @Brandon Turner's podcast about evaluating multi family properties and crunched some numbers. This is what we get.. where did we go wrong?
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@Shannon H. Are the numbers above for a multi-family property where you will be owner occupying? And is the monthly rental only for what the other units will be paying? If you are analyzing a house hack as an investment, it is helpful to look at it as if you would be paying rent too. So for the above example, if that is a duplex and each side would rent out for $1100 a month, then use $2200 for your monthly rent. Then you can get an accurate picture of the investment performance in the future once you move out.