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Updated over 3 years ago,

User Stats

21
Posts
18
Votes
Tiara Jackson
Pro Member
  • Rental Property Investor
  • Alexandria, VA
18
Votes |
21
Posts

[Calc Review] Help me analyze this deal

Tiara Jackson
Pro Member
  • Rental Property Investor
  • Alexandria, VA
Posted

View report

*This link comes directly from our calculators, based on information input by the member who posted.


My husband and I are considering renting out our primary residence and purchasing this duplex - we would rent out the main 4b 2ba house and live in the 1bd 1ba apartment above the separate 2 car garage. The deal shows a negative cashflow of around $500 because we'd be living in the garage apt. Our plan is to live in the apartment for 1 year then move out and either find another house hacking opportunity or move back into our primary residence. We're new to analyzing deals and would love any input or feedback on whether this seems like a good deal or not. 

  • Tiara Jackson
  • Loading replies...