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.
Or, is it best to just calculate cash-on-cash as if both units are renting?