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This property is really unique. Its 2 houses on 2.4 acres in a rural part of southern Vermont. The land is absolutely beautiful, complete with pond, gazebo, multiple decks and patios. 4 car attached garage and it won't need a capital improvement for 10 years when we would put a new roof on it and most likely add solar panels.
The deal analysis shows that it is cash flowing at -$1050 per month, but since we would be house-hacking the house, and also work-hacking the house, I'm having a hard time deciding if its a good deal or not. We would be paying $1000 per month for a 3 bedroom 2 bath house that will appreciate in value, and we could eventually move out and rent the whole house and that would give us a + $1000 cash flow per month. There is also opportunity to make the units in the duplex cash flow more, one of them is an ideal Airbnb that would get $150 per night in this market, and the downstairs unit has an attached garage that we could turn into another bedroom.
I'm a strong believer in not putting too much weight on property appreciation, unless you are flipping. Property values are too reliant on markets that may or may not improve and we are already pretty high up. Now cash flow is a lot more steady number to work with.