It is important to factor in all the benefits of house hacking into your calculations, i.e. amortization, appreciation, income, & potential rent avoidance.

Download my free Calculator for co-living and Padsplit model. https://docs.google.com/spreadsheets/d/16lo7RLvIYsZtZcZ-l3BA...

The rent difference versus the offset of cost needs to be calculated. 

I like the BIGGERPOCKETS calculators for running numbers on these types of deals.

Running detailed cash flow projections, factoring in their management fees and expected rent increases (you can use some of the great BiggerPockets Pro tools like the calculators to do this!)

Then, I am using Rent Property Calculator and mortgage payment to estimate if the property can yield a positive cash flow.

I've researched different platforms and found one that provides comp analysis along with a rehab calculator tool.

A suggestion I would give you is to find a couple "for rent" signs in your local market, get the address and start "running your numbers" on the rental property calculator that BP has for us on here.

Many, if not most, want to have this data, but a very high % don't calculate monthly performance.

We are ok with making calculated risks with our money, but when you introduce other peoples' money to the equation as a variable it can get sticky.