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Missouri House Hack Calculator

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

Monthly Rental Income$2,436

Operating Expenses(Missouri defaults)

Total Monthly Expenses$836

Rent Comparison

Monthly Savings vs. Renting$1,303

Missouri Market Context

Avg Cap Rate

7%

Median Price

$258K

Property Tax

0.85%

Vacancy Rate

8.7%

Local Factors

  • -Kansas City and St. Louis offer strong cash-flow opportunities at low entry prices
  • -Landlord-friendly laws with relatively fast eviction processes
  • -Some rural areas face population decline; focus on metro markets for stability

Effective Housing Cost

$31

Excellent
Monthly Mortgage$1,631
Monthly Expenses$836
Total Monthly Cost$2,467
Rental Income− $2,436
Cost Coverage98.7%
Annual Savings vs. Rent$15,637
Cash on Cash Return-2.9%

Who Covers Your Costs

COVERAGE99%
Rental Income$2,436
Your Cost$31

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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