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Updated almost 5 years ago on . Most recent reply

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37
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10
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Tyson Thurman
  • New to Real Estate
  • Los Angeles County, CA
10
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37
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Calculating Rental Income Per Unit for House Hacking

Tyson Thurman
  • New to Real Estate
  • Los Angeles County, CA
Posted

Hey fellow BP members! Brand new investor here just getting into the game.

When analyzing a house hack situation for rental income, such as a Duplex or Triplex, would I factor in the rent that I would be paying as rental income for my unit? Or would I only include the rent from the unit(s) that I am renting out into that calculation? I am trying to get a better understanding of how to calculate the rental income for house hack situations using the BP Rental Income Calculator.

Thanks so much for your replies in advance. I look forward to meeting and connecting with some of you. I am based in Los Angeles County - San Pedro (South Bay).

Most Popular Reply

User Stats

206
Posts
89
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Charles Cooper
  • Real Estate Broker
  • San Pedro, CA
89
Votes |
206
Posts
Charles Cooper
  • Real Estate Broker
  • San Pedro, CA
Replied

@Tyson Thurman

Tyson, I would calculate it as if you were renting all the units. If you stay in one of the units, I would then just see it as someone else helping you pay your mortgage while your property will appreciate over time.

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