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Georgia House Hack Calculator

House hacking means living in one unit and renting the rest. Pre-filled with Georgia 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(Georgia defaults)

Monthly Rental Income$3,002

Operating Expenses(Georgia defaults)

Total Monthly Expenses$850

Rent Comparison

Monthly Savings vs. Renting$1,476

Georgia Market Context

Avg Cap Rate

6%

Median Price

$366K

Property Tax

0.77%

Vacancy Rate

8.3%

Local Factors

  • -Atlanta metro is a major rental market with strong job growth in tech and film
  • -Landlord-friendly eviction laws compared to many other states
  • -Suburban sprawl creates opportunity in secondary markets like Augusta and Savannah

Effective Housing Cost

$161

Excellent
Monthly Mortgage$2,313
Monthly Expenses$850
Total Monthly Cost$3,163
Rental Income− $3,002
Cost Coverage94.9%
Annual Savings vs. Rent$17,714
Cash on Cash Return-10.5%

Who Covers Your Costs

COVERAGE95%
Rental Income$3,002
Your Cost$161

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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