Here’s a recent real world example. . .This deal was put together by my former student, current friend, and now successful real estate investor.Source: expired listingLocation: investor, Florida; property, IllinoisType: long term lease option via a sandwich leaseTerms between investor and homeowner:a) 48 monthsb) option to purchase price $135Kc) rent, $1200d) cash out of pocket, $0.

Make sure to reach out to one with real estate experience, as location is not a problem these days.

We aren't using the garage at all and aren't planning on doing so, so we thought on making it a living space separated from the house for rent, which we'll sacrifice 1 of the bathrooms to add it to it, and later on do the same with 1 of the rooms as well, though I would have to make an extension to add the rest (kitchen, bathroom, etc.) so that way we could take advantage of the space we aren't using. 

Price per square foot for new construction varies based on location and finishes.

I currently reside in one bedroom and rent out the other two bedrooms.

The rent for the 2/1 is what I used for the calculator.

But, of course, it all depends on the location’s current and future prospects.

Decided to sell 4 of our Self Storage locations. 

Purchase price: $619,000 2 family house in new york city. i rent out to city government programs.

Where are you located?