Doing the Numbers for House Hack

[Jacob Trogan]

So I will include an excel spreadsheet I recently made. It is just going over the numbers of a house I found that I thought would act as a good house hack. It is a SFH but has a separate entrance for the basement. I thought I could live in the basement and purchase the home as owner occupied with 3.5% down. I would then rent out the house up above that is a 4/1. I am thinking to take out a HELOC from the equity in the property to then purchase a second property.