Househacking Analysis
3236 Market Street, Oakland CA
Note: all figures are non-binding estimates
Check out the latest HouseHacking analysis of this triplex in West Oakland that’s been sitting on the market for 40+days!
The post below estimates both your down payment, and what your money out of pocket expense would be, after subtracting rent from mortgage under two situations: 1) 3.5% down (FHA), and 2) 20% down (conventional).
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Single Family Home (for comparison only) |
Triplex, FHA (3.5%) |
Triplex, 20% down |
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Purchase Price |
$750,000 |
$750,000 |
$750,000 |
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Total Down |
$36,000 |
$36,250 |
$160,000 |
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PITI |
$3,858 |
$4,988 |
$3,858 |
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Estimated Monthly Payment |
AVG Rent |
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RentoMeter suggests following average rent: |
$1,500 |
$3,488.29 |
$2,357.89 |
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$2,000 |
$2,988.29 |
$1,857.89 |
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$2,500 |
$2,488.29 |
$1,357.89 |
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Note: All figures are non-binding estimates meant to target properties for additional follow-up |
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