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Updated almost 5 years ago on . Most recent reply

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14
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Lianna Mae Smith
  • New Orleans, la
8
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14
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[Calc Review] Help me analyze New Orleans duplex

Lianna Mae Smith
  • New Orleans, la
Posted

View report

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

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14
Posts
8
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Lianna Mae Smith
  • New Orleans, la
8
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14
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Lianna Mae Smith
  • New Orleans, la
Replied

Thanks so much for your reply!

 Unfortunately I did the calculation based on if I was -not- occupying.

Though my logic is, since I would be “saving” that money by staying here, I think it’s fair to still include it even if I’m just paying those costs to myself. it’s actually just $2000-2200 that’s coming from the tenant themselves.... the other $1500 is the amount I am not paying in rent to someone else. this is the first time I’ve bought a multi family home like this and I’m a bit nervous but the numbers seemed to work. We are under contract now!

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