All Forum Posts by: William Robinson

Greetings Bigger Pockets family. I am a first-time investor, looking to purchase a duplex. I used the Bigger Pockets analysis tool to analyze a potential deal and I wanted to get the community's opinion before I made an offer.

The deal

Purchase price: $150,000

Monthly cash flow: $176.64

Monthly expenses: $1,523.36

Cash on cash ROI: 105.99%

Purchase cap rate: 7.06%

Down payment: $0

These calculations include 2% for vacancy and 2% for repairs. The property is appraised at $189,000, so I will be entering with equity. I will be house hacking this property as well. Any feedback would be so greatly appreciated.

Greetings Bigger Pockets family. I am a first-time investor, looking to purchase a duplex. I used the Bigger Pockets analysis tool to analyze a potential deal and I wanted to get the community's opinion before I made an offer.

The deal

Purchase price: $150,000

Monthly cash flow: $176.64

Monthly expenses: $1,523.36

Cash on cash ROI: 105.99%

Purchase cap rate: 7.06%

Down payment: $0

These calculations include 2% for vacancy and 2% for repairs. The property is appraised at $189,000, so I will be entering with equity. I will be house hacking this property as well. Any feedback would be so greatly appreciated.

Quick question for the investors in the group. I am a first-time home buyer/investor who will be house hacking my first property. While analyzing potential multi-family units, how much monthly cash flow should I be looking for while house hacking to determine a good deal?