House Hacking Calculator

Property Details

Purchase Details

Income & Expenses

Proforma

Deal Summary

Property Details

Basic Property Details

Address:i

Street:

City:

State:

County:i

Property Zip Code:

County Appraised Value:i

Annual Property Tax:i

Property Notes:

Property Photo

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Advanced Property Details

Bedrooms:

Bathrooms:

Property Type:

House Size (sq ft):

Lot Size (sq ft):

Year Built:

Year Rennovated:

Units:

Stories:

Heating Type:

Cooling Type:

Roofing Type:

Roofing Material:

Wiring Condition:

Plumbing Condition:

Siding Material:

Purchase Details

Purchase Price:

Estimated Repair Costs:i

Click Here For Cost Breakdown

Exterior Repairs:

Roof:

Gutter/Soffit/Fascia:

Siding:

Paint:

Decks/Porches:

Foundation:

Concrete/Driveway:

Garage:

Landscaping:

Septic:

Windows:

Lighting:

Miscellaneous:

Interior Repairs:

Demo:

Plumbing:

Electrical:

HVAC:

Framing:

Sheetrock:

Hardware:

Paint:

Cabinets/Countertops:

Flooring:

Miscellaneous:

After Repair Value (ARV):

Closing Costs:i

Click Here For Cost Breakdown

Prepaid Hazard Insurance:

Prepaid Flood Insurance:

Prepaid Property Taxes:

Appraisal Fee:

Title & Escrow Fees:

Inspection Costs:

Attorney Fees:

Recording Fees:

Annual Assessment Fees:

Other Fees:

Seller Credits:i

Earnest Deposit:i

Financing Details

Cash Purchase?i

Total Amount Available For Financing:i

Financing Type:i

Mortgage Type:i

Down Payment of Purchase Price:i

Base Loan Amount:

Down Payment:

Interest Rate:i

Years Interest Only:i

Loan Amortization (yrs):i

Loan Term (mo):

Lender Origination Fees:

Points:

Mortgage Insurance (UFMIP):i

VA Funding Fee:i

Other Fees:i

Total Lender Fees:

Wrap Fees Into Loan?i

Adjusted Loan Amount:

House Hacking Income

Is this a Military House Hack?

Yes

Basic Allowance for Housing (Active Duty Only)

Grade_L:

MHA:

Duty Zip Code:

Grade:

Dependents:

Military Housing Area:

BAH with Dependents:

BAH without Dependents:

BAH:

Annual BAH Growth Rate:i

Housing Hacking BAH Compensation Rate:i

Rental Property Income

Total Gross Monthly Rent:

Click Here To Create a Unit Mix Breakdown

Unit Mix

Sq Ft

Units

Total Sq Footage

Add Row

Unit Mix - Market

Sq Ft

Units

Monthly Market Rent

Rent Per SF

Total Monthly Rent Roll:

Total Other Income:

Click Here To Add Source of Income

Average:

Total Number of Units Occupied:

Total Security Deposits Held:

Market CAP Rate:i

Actual Appraised Value:i

Future Income Assumptions

Projected Growth Financials

Annual Income Growth Rate:

Annual Other Income Growth Rate:

Expenses

Fixed Property Expenses

Mortgage Insurance:

Property Taxes:

HOA Fees:

Utilities

Electricity:

Water/Sewer:

Gas:

Trash:

Repairs & Maintenance

Landscaping:

Snow Removal:

Legal & Professional:

General & Administrative:

Property Insurance:

Other Monthly Expenses:

Variable Monthly Expenses:

Property Management:

Repairs & Maintenance:

Capital Expenses:

Vacancy:

Total Monthly Expense:

Future Expenses

Taxes:i

Annual Tax Expense Growth:

Annual Insurance Expense Growth:

Annual Repairs & Maintenance Expense Growth:

House Hacking Proforma

	Year 1	Year 2	Year 3	Year 4	Year 5	Year 6	Year 7	Year 8	Year 9	Year 10
Income
Adjusted BAH	$	$	$	$	$	$	$	$	$	$
Rent Roll	$	$	$	$	$	$	$	$	$	$
Other Income	$	$	$	$	$	$	$	$	$	$
Total Monthly House Hacking Income	$	$	$	$	$	$	$	$	$	$
Gross Potential Rent	$	$	$	$	$	$	$	$	$	$
Gross Potential BAH	$	$	$	$	$	$	$	$	$	$
Gross Operating Income	$	$	$	$	$	$	$	$	$	$
Financing Expenses
Mortgage Principle	$	$	$	$	$	$	$	$	$	$
Mortgage Interest	$	$	$	$	$	$	$	$	$	$
Total Debt Service	$	$	$	$	$	$	$	$	$	$
Operating Expenses
Property Tax	$	$	$	$	$	$	$	$	$	$
Property Insurance	$	$	$	$	$	$	$	$	$	$
Property Management	$	$	$	$	$	$	$	$	$	$
Repairs & Maintenance	$	$	$	$	$	$	$	$	$	$
Capital Expenses	$	$	$	$	$	$	$	$	$	$
Vacancy	$	$	$	$	$	$	$	$	$	$
Electricity	$	$	$	$	$	$	$	$	$	$
Water/Sewer	$	$	$	$	$	$	$	$	$	$
Gas	$	$	$	$	$	$	$	$	$	$
Trash	$	$	$	$	$	$	$	$	$	$
HOA Fees	$	$	$	$	$	$	$	$	$	$
Mortgage Insurance (PMI)	$	$	$	$	$	$	$	$	$	$
Landscaping	$	$	$	$	$	$	$	$	$	$
Snow Removal	$	$	$	$	$	$	$	$	$	$
Legal & Professional	$	$	$	$	$	$	$	$	$	$
General & Administrative	$	$	$	$	$	$	$	$	$	$
Other Monthly Expenses	$	$	$	$	$	$	$	$	$	$
Total Operating Expenses	$	$	$	$	$	$	$	$	$	$
Income vs. Expense Ratio	%	%	%	%	%	%	%	%	%	%
Annual Cash Flow	$	$	$	$	$	$	$	$	$	$
Monthly Cash Flow Per Unit	$	$	$	$	$	$	$	$	$	$

House Hacking Analysis and Results

Key Performance Indicators

Cash-on-Cash (COC)i

Gross Rent Multiplieri

1% Rulei

50% Rulei

Income

Expenses

Acquisition Analysis

Purchase Price

Total Amount For Financing

Estimated Repair Costs/Renovations

Cash Purchase

Financing Type

Mortgage Type

Down Payment

Interest Rate

Amortization

Cash To Close

Total Project Cost

Financial Analysis

Adjusted BAH

Gross Potential Income

Gross House Hacking Income

Operating Expenses

Annual Debt Service Estimate

Cash Flow

Net Operating Income

Advanced Property Details

Type:

Bedrooms:

Bathrooms:

Units:

Year Built:

House Size (sq ft):

Lot Size (sq ft):

Heating Type:

Cooling Type:

Roofing Type:

Roofing Material:

Siding Material:

Wiring Condition:

Plumbing Condition:

Property Notes

Loan Balance vs. Equity

Equity Analysis

Market CAP Rate

ARV

Actual Appraised Value

CAP Rate ARV

Initial Equity

	Year 1	Year 3	Year 5	Year 7	Year 10
Income
Adjusted BAH
Rent Roll
Other Income
Total Monthly House Hacking Income
Gross Potential Rent
Gross Potential BAH
Gross Potential Income
Financing Expenses
Mortgage Principle
Mortgage Interest
Total Debt Service
Operating Expenses
Property Taxes
Property Insurance
Property Management
Repairs & Maintenance
Capital Expenses
Vacancy
Electricity
Water & Sewer
Gas
Trash
HOA Fees
Mortgage Insurance (PMI)
Landscaping
Snow Removal
Legal & Professional
General & Administrative
Other Monthly Expenses
Total Operating Expenses
Income vs. Expense Ratio
Annual Cash Flow
Monthly Cash Flow Per Unit