House Hacking Calculator

Calculate your effective housing cost by living in one unit and renting out the others

Property Details

Purchase Price

Down Payment

Interest Rate (%)

Loan Term (Years)

Multi-Unit Details

Total Units

Unit You Live In

Rent Per Unit (Monthly)

Expenses

Property Tax (Annual)

Insurance (Annual)

Maintenance (Monthly)

Property Management (Monthly)

Vacancy Rate (%)

Other Expenses (Monthly)

House Hacking Results

Your Effective Monthly Housing Cost

$1,764

vs $1,500 to rent a similar unit

Rental Income Coverage

Rental Units1 of 2 units

Gross Rental Income$1,500

After Vacancy (5%)$1,425

Total Monthly Costs$3,189

Coverage44.7%

Cash Flow

Monthly Cash Flow-$1,764

Annual Cash Flow-$21,171

Return on Investment

Cash-on-Cash Return-26.46%

Total Cash Invested$80,000

Savings vs Renting

Equivalent Rent$1,500

Your Housing Cost$1,764

Monthly Savings-$264

Annual Savings-$3,171

⚠Partial Coverage

Rental income covers 44.7% of costs. You need to pay $1,764 per month from your own funds.

Disclaimer: This calculator is for informational purposes only and is not intended to provide financial, legal, or tax advice. The results are estimates and should not be used as a substitute for professional financial advice. Please consult with a qualified financial advisor, accountant, or attorney before making any financial decisions.