House Hack vakue calculator

[Tony Karns]

I am looking at doing a duplex house hack in TX. I am having some trouble with understanding how I go about calculating CoC return or my cap rate as I will be living in one with the hope that the other side can allow me to live mortgage free or very close to that. I am using rental spreadsheets from the BP files section, but if anyone has one they used for a house hack, that would be great. Looking for any help and advice.

[John Leavelle]

Howdy @Tony Karns

Don't think you can calculate a good COC ROI. Because with you living in one unit you will more than likely have a negative Cash Flow. The best you can do is use your projected Cash Flow (after you move out) to get an idea of a COC return. If you find a Duplex that meets your Cash Flow criteria (after you move out) then that's what I would go with.