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Updated over 4 years ago on . Most recent reply
[Calc Review] Help me analyze this deal
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I structured the loan with such a heavy down payment that one unit will cover the mortgage. I also have an emergency fund to cover ten months worth of expense incase of worst case.
Currently after the Carr Fire there has been a shortage of housing available, therefore dropping the vacancy rate to 2%. 4% was a very conservative number.
I was looking at four plexs but the numbers didn't work. House hacking is currently the norm here, do to the shortage so investors looking to make a profit are priced out by individuals just trying to get in a home.