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Updated almost 10 years ago on . Most recent reply

How to calculate numbers while house hacking???
How do I calculate numbers while house hacking? The Cash flow on the calculator obviously says i am negative cash flow. So how do i know if its a good deal?
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This property is a 3/1 that is rented for $1350.00 and a 2/1 that is rented for $1150.00
We would be moving into the 2/1 once the lease is up.
Asking price is: $250,000.00
my interest rate is: 3.75
Taxes: $8600.00
Insurance: $200 (I estimated) this is my first multi family.
nothing "needs" to be fixed. (There are some cosmetic things that i do not personally like)