House hacking — buying a 2–4 unit property, living in one unit, and renting the others — is one of the most effective strategies for reducing or eliminating your housing costs while building equity. Enter your purchase details, rental income from the other units, and personal living expenses to see your true effective monthly housing cost. FHA loans allow 3.5% down on owner-occupied multifamily, making the barrier to entry lower than most people expect.
Calculate monthly and annual cash flow for a rental property after all expenses.
Calculate cap rate (NOI ÷ property value) for rental properties. Enter rent, vacancy, expenses, and taxes to evaluate and compare income-producing investments.
Measure your annual cash return relative to the actual cash invested in a property.
