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Hello all,
I am looking to purchase a single family home with an existing ADU (primary choice). Or purchase a multiplex and live in a unit. The purpose of the hack is to have the unit/units pay my mortgage. Or pay the majority of it.
Now i am need of help on the calculations. Obviously if i have a mortgage of 3k/month and 2 units i can charge 1k per unit. Making cost to me 1k/month.
But…..
What calculator should I be using? Anything I should be adding or accounting for? Again rookie I will make mistakes. Does single family or ADU matter in the calculations? Is there any step by step videos? Any advice is greatly appreciated.
Thank you,
Joel Di Piazza