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Arkansas House Hack Calculator

House hacking means living in one unit and renting the rest. Pre-filled with Arkansas median prices, rents, and tax rates. See your effective housing cost after rental income and savings versus renting.

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Property & Financing

Units & Rental Income(Arkansas defaults)

Monthly Rental Income$2,035

Operating Expenses(Arkansas defaults)

Total Monthly Expenses$822

Rent Comparison

Monthly Savings vs. Renting$741

Arkansas Market Context

Avg Cap Rate

7%

Median Price

$253K

Property Tax

0.54%

Vacancy Rate

9.8%

Local Factors

  • -Very affordable home prices attract cash-flow focused investors
  • -Tornado alley location drives higher insurance premiums
  • -Northwest Arkansas (Bentonville/Fayetteville) is a growth hotspot due to Walmart HQ

Effective Housing Cost

$387

Excellent
Monthly Mortgage$1,599
Monthly Expenses$822
Total Monthly Cost$2,421
Rental Income− $2,035
Cost Coverage84.0%
Annual Savings vs. Rent$8,897
Cash on Cash Return-36.7%

Who Covers Your Costs

COVERAGE84%
Rental Income$2,035
Your Cost$387

What does this mean?

Your effective housing cost is extremely low. You're paying a fraction of what you'd normally spend on rent or a mortgage, and your tenants are covering the bulk of your costs.

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