This is our third deal analysis in our deal blitz and is titled Arvada AirBnB House Hack. There are two different deal analyses discussed in this episode:
Living at the house while AirBnBing the mother-in-law suite.
A long term rental analysis for after they move out.
The clients purchased this house about one year before this deal analysis was published. That means we have almost a year's worth of operating data to analyze.
While they are living at the property, they are only paying about $300/mo in living expenses while maintaining a high quality of life. This is great! If they need or want to, they can even reduce their living expenses more by charging their family member market rent. However, it's a true win-win for them and their family member.
Once they move out, the property should cash flow about $2300/yr which is great considering they only put 5% down!
There are three ways to get the deal analysis details: