How It Works
Three simple steps to get accurate calculations
1
Enter Housing Costs
Input mortgage, taxes, insurance, utilities.
2
Set Room Configuration
Enter total rooms and rooms you use.
3
Add Room Rents
Set average rent per room.
4
Get Break-Even
See net cost and rent needed for $0.
Loading House Hack Break-Even Calculator...
Frequently Asked Questions
What is house hacking?
House hacking is living in a property while renting part of it to offset costs. Common: Renting spare bedrooms, living in one unit of a duplex, basement/ADU rentals. Goal is to reduce or eliminate housing cost.
Can I really live for free?
Yes, many house hackers achieve $0 or even positive cashflow. Requires: Right property (3+ bedrooms or multi-unit), good location for renters, market-rate room rents. 3-4 bedroom house with 2-3 roommates often works.
How much should I charge per room?
Research local room rentals on Craigslist, Facebook Marketplace. Typically 50-70% of 1BR apartment rent. Include utilities to command premium. Furnished rooms rent 10-20% higher.
What are house hacking downsides?
Trade-offs: Less privacy, roommate management, wear on property, some lenders restrict. FHA loans allow it with owner-occupancy. Best for younger owners or those prioritizing wealth building over privacy.
How do I screen roommates?
Verify: Income (2.5-3x rent), references, credit check, background check, employment. Meet in person. Trust your instincts. Short initial lease (6 months) to test fit. Good roommates are worth slightly lower rent.
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Results are estimates for informational purposes only. Consult professionals for important decisions.