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AUSTIN, TX

HOUSE HACK #1

9/1/22 - Present

Purchase price: $465,000

Cash invested: $57,426 (5% down payment and rest rehab/furnishing)

Monthly cashflow: Living for free + $50-$550 cashflow/month

Expected CoC return after moving out: 31.34%

My 2nd house hack was this "sneaky duplex" single-family 3 bed/2bath + converted garage in North Austin near The Domain. I live in one of the rooms and rent out the other two for $1575. My favorite part about this property is that the garage is converted into a 1.5 story loft that is STR on Airbnb and brings in $1500-$2000/month. This Airbnb + renting extra room allows me to live for free. Expected cashflow of $1500-$2000 after I move out and put: 3/2 main house MTR and 1/1 STR

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