HOUSE HACK #1
02/22/21 - PRESENT
Purchase price: $267,500
Cash invested: $55,000 (10% down payment and rest rehab)
Monthly cashflow: Living for free + $478/month
House hacking this single-family 3 bed/2bath + office home in Northeast Austin. I'm living in the front office and renting out to other three to completely cover my housing expenses. When I move out to my 2nd house hack this will cash flow $1000+/month. Property went through a full cosmetic rehab for 2 months for a total renovation cost of $23.7k.