Even though I am buying the house with an FHA loan and I am house hacking it?
@Diego La Rotta When I ran numbers for properties I planned to move into I ran them for both when I lived there and once I moved out. It's hard to tell if it's a good deal without seeing the numbers for when you move out and rent all the units. For instance my first property i am closing on with FHA I will pay $600/month to live there (not the best but works for me) and I estimate about $100-$150 cash flow each unit after accounting for all expenses. Even if it's cheap to live there, I wouldn't buy a property that doesn't cash flow when I move out so that's how I'd recommend running the numbers. Does that help at all?
Yes it does ! I would cash flow once i more out about 200-400$ a month