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Updated over 3 years ago,

User Stats

61
Posts
33
Votes
Marlia Stone
  • Rental Property Investor
33
Votes |
61
Posts

$200k Duplex House Hack

Marlia Stone
  • Rental Property Investor
Posted

Hello BPs! I am trying to do the house hacking investment in the Philadelphia area with a duplex. I need a little help breaking down the number and my profit of the property I found.

Purchase Price $200,000

Monthly Rent from Tenants: $1,490

Mortgage: $1,175

Profit Monthly: $315

Down Payment:$7,000 (3.5%, using conventional)

In my offer we will be asking for sellers assist. Does the numbers seem correct for a house hack or is it priced too high? I am open to all feedback.

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