First Deal - House Hack: What is a good cash-on-cash return?

1 Reply

Hello Bigger Pocketers,

I'm looking for my first deal and am currently analyzing a Duplex that I would House Hack (live in one half and rent out the other). I'm curious what folks think a good cash on cash return is in a situation like this? Also, what do folks think about sacrificing a little cash-on-cash return to (1) get a first deal done and (2) live rent free? 

The potential cash on cash here is around 5 percent. 

Thank you,