Free tool · Step 5 of the Flip to Keep Blueprint
Our house had a $1,200 payment and rented for $2,200. Renting it out and moving into a duplex is what gave our family margin. Most people never run that math on the house they already own. This runs it in about a minute.
Your house
Everything updates as you type. Nothing is saved, and nothing is sent anywhere.
We start with a rough placeholder. Look up what similar places on your street actually rent for and put that in instead.
Landlord policies usually run a little more than what you pay now.
Fill in what your house is worth and what it could rent for.
Everything updates as you type.
Where the rent goes
The set asides are money you do not spend every month but will spend eventually: months with no tenant, repairs, and the roof and HVAC that come due one day. Skipping them is how a rental looks profitable for four years and then is not.
This is an estimate built on rules of thumb, not a promise. Before you act on it, put real numbers in front of a lender, an insurance agent and whoever does your taxes. I am not a financial advisor and this is not advice.
Why this is here
Flip out of the things that aren't serving you. Keep and grow the things that are. For our family, that was a house... renting it out instead of living in it gave us the margin that got me unstuck.
The free Unstuck Kit walks you through finding your own duplex move, plus the other five steps.
Get the free Unstuck Kit