For market pricing, I collect LTR data from BP rent calculator and multiply by 1.5x.

House-hacking will be uncomfortable, and that discomfort is multiplied when you live in an unfamiliar place.

You can achieve gross revenues at a multiplier per location vs that sec8 volume model. 

Real estate's "gross rent multiplier" is Wall Street's "sales to revenue",  "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc. 

Yes, lower energy costs has a multiplier effect throughout economy as there is layers in the supply chain impacted by such.

By focusing on multiplying investor returns, we build lasting relationships based on mutual success.In this industry, it's not just about making money for yourself.

Also, your total returns go down without any leverage because you lose the multiplier effect of appreciation.Now, to answer your question.

A 16 multiplier. 

Divide that by 45 months and multiply by 12 to get the annual interest paid.

In addition to down payment you need reserves which is 12 times or 24 multiplied by all you debt.