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Updated about 6 years ago, 10/01/2018
[Calc Review] Help me analyze this deal
*This link comes directly from our calculators, based on information input by the member who posted.
Hi Team!
I am completely new to real estate investing. Interested in house hacking a duplex. The numbers you see are based on both sides rented out. Assuming I move out after the one year FHA requires me to stay. The first year I would not make money on this house but it would reduce my rent from what I am paying renting a 2br apartment.
The property is listed for $260K and I would like to make an offer of 180-195 depending on the condition of the property.