There are mortgage recast calculators online or you can reach out to your lender.P+I payment will go from 2155 to ~1800 given the numbers you provided.

Here’s a chart showing what percentage of an American’s average mortgage payment goes to taxes and insurance:Rising taxes and insurance premiums make real estate even less affordable for buyers already facing higher home prices and mortgage rates that rose ~150% in less than two years.

Yea the area doesn't look like it will appreciate much, I mainly look for cash flow.  

I already have proof of concept in Raleigh as Ive talked to multiple people (including the agent Im working with there) saying airbnb-ing rooms is a cash cow there. 

I specialize in working with other investors to find great deals that meet their cash flow and appreciation goals.

Any other expenses are using up funds that would otherwise be sitting in your checking account to make a mortgage payment with.

Usually there's a lockup period (often three years) in note funds, so you can't use that cash to do direct note investing.  

Assume you have cash currently earning 4.6% in high yield savings.

My cost they said i could do $2,000 up front and then next couple months more payments with cold calling they offer and fee would be $9,800 plus the cold callers Virtual assisant that would be working with me.

House hacking is an excellent strategy, especially with the potential to use an FHA loan to secure a property with a low down payment.