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Vermont House Hack Calculator

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

Monthly Rental Income$2,978

Operating Expenses(Vermont defaults)

Total Monthly Expenses$972

Rent Comparison

Monthly Savings vs. Renting$1,099

Vermont Market Context

Avg Cap Rate

5.5%

Median Price

$388K

Property Tax

1.4%

Vacancy Rate

3.7%

Local Factors

  • -Lowest homeowners insurance costs in the nation
  • -Very tight rental market with limited new construction
  • -High property taxes and cold climate increase total holding costs

Effective Housing Cost

$447

Excellent
Monthly Mortgage$2,452
Monthly Expenses$972
Total Monthly Cost$3,424
Rental Income− $2,978
Cost Coverage87.0%
Annual Savings vs. Rent$13,192
Cash on Cash Return-27.6%

Who Covers Your Costs

COVERAGE87%
Rental Income$2,978
Your Cost$447

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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