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Michael Brown
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Duplex House Hack Percentage PITI

Michael Brown
Posted

For homeowners who live in one unit of a 2 family and rent out the other, what percentage of their total housing expenses (PITI) do you consider great and average for the rental unit to cover?

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Aaron Zimmerman
  • Accountant
  • Chicago, IL
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Aaron Zimmerman
  • Accountant
  • Chicago, IL
Replied

First, total housing expenses are not just PITI, there's other costs such as repairs and capex.

theres no set $$ amount but id look to make sure the property saved you money while living there and also cash flows/break even upon move out 

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