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Updated over 6 years ago,

User Stats

13
Posts
3
Votes
James Derrick
  • New to Real Estate
  • Austin, TX
3
Votes |
13
Posts

[Calc Review] Numbers Check

James Derrick
  • New to Real Estate
  • Austin, TX
Posted

Hello BP team,

This morning I have stumbled upon a unique property I want to house hack and would like input on my numbers used. The property appears to work with my conservative figures, but I would appreciate the opinions of someone more experienced. Specifically, a more accurate estimation of the cost to finish the property.

End plan:

5 Units total

(x4) One bedroom efficiencies with garage

(x1) Two bedroom/Two Bath with four car garage

Repairs/Construction Needed:

- Complete two bedroom unit already in progress

- Build out the four one bedroom units

- Pour concrete driveway and lot while leaving the front yard area

- Exterior paint and landscaping

Thank you in advance for any input! When plugging in my numbers, I only accounted for the rental income of the (x4) efficiency units as I plan to live in the two bedroom unit.

Best,

James

View report

*This link comes directly from our calculators, based on information input by the member who posted.

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