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Updated over 7 years ago on . Most recent reply

User Stats

36
Posts
3
Votes
Nick Tzenevrakis
  • Quincy, IL
3
Votes |
36
Posts

[Calc Review] Help me analyze this deal

Nick Tzenevrakis
  • Quincy, IL
Posted

Hey BP,

I'm looking for a Duplex to "house hack", but am seeing negative cash flow in this scenario. I would be saving $1k in expenses by getting out of my rental that I'm living in now. Thoughts? Would it be a better idea for me to get into a small $50k house with a $400 mortgage, then take on a duplex like this to get positive cash flow? These are rough number, I'm still learning. 

Thanks

View report

*This link comes directly from our calculators, based on information input by the member who posted.

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