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House Hack Calculator

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West Virginia House Hack Calculator

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

Monthly Rental Income$1,777

Operating Expenses(West Virginia defaults)

Total Monthly Expenses$636

Rent Comparison

Monthly Savings vs. Renting$552

West Virginia Market Context

Avg Cap Rate

7.5%

Median Price

$249K

Property Tax

0.48%

Vacancy Rate

9.8%

Local Factors

  • -Among the most affordable states for investment entry but population is declining
  • -High vacancy rates reflect limited economic growth and outmigration
  • -Low insurance and property tax costs keep holding costs minimal

Sources

World Population Review – Median Home PriceFL Probate Law – Property Tax Rates (ACS Data)The Hartford – Insurance RatesiPropertyManagement – Vacancy RatesRentData.org – Fair Market Rent

Effective Housing Cost

$433

Excellent
Monthly Mortgage$1,574
Monthly Expenses$636
Total Monthly Cost$2,210
Rental Income− $1,777
Cost Coverage80.4%
Annual Savings vs. Rent$6,623
Cash on Cash Return-41.7%

Who Covers Your Costs

COVERAGE80%
Rental Income$1,777
Your Cost$433

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.

Keep running the numbers

One calculator rarely tells the whole story.

House hacking in West Virginia changes the math on everything. Run the rest of the numbers.

Cash on Cash Return

Measure the annual return on your actual cash invested, factoring in financing, expenses, and rental income.

Calculate

Mortgage

Calculate your monthly mortgage payment, total interest, and see a full cost breakdown.

Calculate

Rent vs. Buy

Compare the total cost of ownership versus renting over time.

Calculate

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