Running the numbers on a owner occupied property need help

[Guillermo Lara gonzalez]

When running the numbers on a potential property, how should I calculate the numbers if I intend to live in the property as well. Example: looking into a multi family property that has 4 units. I plan to live in one, since I would be getting an owner occupied loan. But I’m having trouble running the numbers. Do I discount the unit I would be living in or do I count it as if someone is renting it?

[Calvin Ozanick]

I think both of these are great ideas. I personally am running numbers on an owner occupied unit right now as well, but I run it as if it were vacant. I want to know how the property can provide for itself as if it were vacant year round in the 4th unit. If I can cover my expenses, along with saving 30% of the monthly rent income towards CAPEX, Maintenance and Vacancy. If I make money after all of that, I believe it is something that works for me. Let me know if you want my opinion on the property and I would love to share some input.