[Calc Review] Help me analyze this deal - HOUSE HACK

[Michael Menchaca]

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[Brian G.]

Originally posted by @Michael Menchaca:

@Brian G.

I like the numbers as an initial purchase since presumably it would cost you much more than $300/month to live somewhere, ie the net difference between your income and expenses on the house hack. This lowers your cost of living and increases your savings rate. Are the property taxes really almost $500/mo? OUCH. I've heard they can escalate rather quickly in TX. I like the numbers overall provided that you anticipate at least moderate rent and price appreciation where you are buying since capital expenses could gobble up your profit if the rent does not increase moderately over time. Hope that helps.