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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

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.

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