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Tools/House Hack Deal Analyser
House Hack Deal AnalyserPROPERTY ANALYSIS

Run the numbers before you make an offer. Enter your deal details and get a full breakdown — monthly costs, cash flow, appreciation, tax benefits, and how it compares to just renting.

Load scenario:
0/9 fields
$
%
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💡 FHA rates are typically 0.1–0.2% lower than conventional — consider adjusting your rate.

$12,250 / Loan: $337,750
FHA includes monthly MIP of $155/mo (0.55% annual). MIP is required for the life of the loan if down payment is under 10%.
Unit 1 (Your Unit)
$/mo
Unit 2
$/mo
%
$
%
% of value/yr
$
Used to calculate your deal score and 5-year comparison.
State averages: Tax Foundation 2024 · Insurance.com 2024 · U.S. Census Bureau 2023
3
out of 10
Slight premium to own — eyes open.
You're paying a little more than renting, but you own the property and your tenants are covering most of the mortgage. Push for a lower price or higher rents.
Your tenants cover 39% of costs. At $2,052/mo out of pocket, this needs a clear appreciation or rent-growth thesis to justify it.
💡Tip: If this deal is tight, ask your lender about buying discount points — paying a small upfront fee to permanently lower your interest rate can reduce your monthly cost and improve the deal.
💡Tip: A larger down payment reduces your loan balance and monthly P&I, which directly lowers your effective housing cost and can meaningfully improve this deal.
💡Tip: This deal is close. Negotiating the purchase price down reduces your loan and monthly payment — every dollar off the price is a dollar off what you pay to live here. Don’t leave money on the table.

Deposit shortfall — 3.5% minimum required for FHA

Your $12,250 deposit is checked against the 3.5% minimum required for each affordability tier.

TierTarget PriceMin Deposit NeededStatus
Bank Max$350,000$12,250(3.5%)$0 short
Comfortable$350,000$12,250(3.5%)$0 short
Honest$350,000$12,250(3.5%)$0 short

To qualify at the Bank Max price ($350,000):

Save $0 more to reach the 3.5% minimum of $12,250.

Or target $350,000 — the max price your current deposit covers at 3.5% down.

To qualify at the Comfortable price ($350,000):

Save $0 more to reach the 3.5% minimum of $12,250.

Or target $350,000 — the max price your current deposit covers at 3.5% down.

To qualify at the Honest price ($350,000):

Save $0 more to reach the 3.5% minimum of $12,250.

Or target $350,000 — the max price your current deposit covers at 3.5% down.

Savings plan — to close the smallest gap ($0 to reach Honest):

How long until you're ready?

If I save
$
/ month
Mortgage P&I$2,247
FHA MIP$155
Property Tax$467
Insurance$180
Maintenance Reserve$292
Total Monthly Expenses$3,340
Rental Income (after vacancy)− $1,288
Your Effective Housing Cost$2,052/mo

Tenant Covers %

39%

You contribute $2,052/mo

Annual Cash Flow

$24,626

Cash-on-Cash Return

-201.0%

Annual cash flow ÷ down payment

Gross Rent Multiplier

20.8x

Lower is better (under 12 is solid)

Break-Even Rent Needed

$3,340/mo

To cover all expenses

Quick Rules Check
~ Miss1% Rule

Total monthly rent ≥ 1% of purchase price. A rough first filter — not a deal-breaker on its own.

0.40%
target ≥ 1%
~ Miss50% Rule

Operating expenses (excl. mortgage) ≤ 50% of gross rent. A quick sanity check on running costs.

72.9%
target ≤ 50%
~ HighGross Rent Multiplier

Purchase price ÷ annual gross rent. Under 12× is generally reasonable for residential.

20.8×
target ≤ 12×
5-Year Outlook
$415,690
Estimated value
$97,761 equity
23.5% of value
10-Year Outlook
$493,710
Estimated value
$203,878 equity
41.3% of value
Based on 3.5% annual appreciation. Actual results vary.

Not sure if you can afford the purchase price yet?

Run your buying power first — our free First Home Buyer Affordability Calculator shows your Honest Number, monthly payment, and cash to close.

Knowing your Honest Number before you analyse deals means you only run numbers on properties you can actually buy.

Check My Buying Power →