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Updated almost 3 years ago on . Most recent reply

User Stats

8
Posts
1
Votes
Nicole C.
  • Accountant
  • Los Angeles, CA
1
Votes |
8
Posts

SFH in Willowbrook (Compton, CA)

Nicole C.
  • Accountant
  • Los Angeles, CA
Posted

Just purchased my first SFH 2bed 2bath in Willowbrook area. Original plan was to house hack it but weary of surrounding neighborhood and its crime rates. Plan to purchase ADT. Any advice?

house hack plan:

Mortgage: $2600

Rent: $1600

My portion of mortgage: $1000

vs

Mortgage: $2600

Rent entire house: $2800

my own rent expense: $1325

$1125

of course, I would account for savings for repairs, etc. but as a basis this is what it looks like. 

Should I live in property and house hack or stay where Im currently comfortable living in? Thank you in advance

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