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Idaho House Hack Calculator

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

Monthly Rental Income$3,135

Operating Expenses(Idaho defaults)

Total Monthly Expenses$740

Rent Comparison

Monthly Savings vs. Renting$982

Idaho Market Context

Avg Cap Rate

5%

Median Price

$485K

Property Tax

0.43%

Vacancy Rate

5.1%

Local Factors

  • -Boise metro saw massive pandemic-era price appreciation; growth has moderated
  • -Strong in-migration from California continues to support demand
  • -Low property taxes but rapidly rising assessed values

Effective Housing Cost

$670

Good
Monthly Mortgage$3,065
Monthly Expenses$740
Total Monthly Cost$3,805
Rental Income− $3,135
Cost Coverage82.4%
Annual Savings vs. Rent$11,787
Cash on Cash Return-33.1%

Who Covers Your Costs

COVERAGE82%
Rental Income$3,135
Your Cost$670

What does this mean?

Solid house hack. Your effective housing cost is well below typical market rent. You're building equity while keeping monthly costs manageable.

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