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Updated over 4 years ago on . Most recent reply
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[Calc Review] Help me analyze New Orleans duplex
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Thanks so much for your reply!
Unfortunately I did the calculation based on if I was -not- occupying.
Though my logic is, since I would be “saving” that money by staying here, I think it’s fair to still include it even if I’m just paying those costs to myself. it’s actually just $2000-2200 that’s coming from the tenant themselves.... the other $1500 is the amount I am not paying in rent to someone else. this is the first time I’ve bought a multi family home like this and I’m a bit nervous but the numbers seemed to work. We are under contract now!