First-time Philly House Hacker

[Jeremiah Belocura]

Hi all, first-time [future] house hacker.  My wife and I are moving back to Philly and have found a duplex we're interested in, both units being 2 bed/1 bath at roughly 750 SF.

I used the BP Rental Property Calculator, which honestly I'm not sure I'm even using correctly and/or might be over or underestimating various factors.

Does this look like a good deal?  Am I understanding correctly that our effective rent would be $1,767?

Even when we move out and rent out the other unit, currently I think this neighborhood would only get $1,400 each, so according to the calculator, it would still be burning cash instead of cash flowing.

Thanks for any help!

[Joshua Filkill]

Continuing off of @Gerald Knott I usually include management fees in my calculation for when. don't want to manage it on my own in the future when I move out, unless you plan on managing it yourself for awhile. Also, what type of loan are you planning to use? May want to budget for PMI if using FHA or another low down payment loan that requires PMI.

May want to also check on who pays utilities for that place.