| ID | Price | PITI | Rental | Net OOP | vs SFH $535k |
|---|---|---|---|---|---|
| 3F_750k_5pct_conv | $750,000 | $5,877 | $3,600 | $2,277 | -2,393 |
| 3F_800k_5pct_conv | $800,000 | $6,240 | $4,000 | $2,240 | -2,430 |
| 3F_750k_5pct_conv_low_rent | $750,000 | $5,877 | $3,000 | $2,877 | -1,793 |
| 3F_700k_5pct_conv | $700,000 | $5,514 | $3,400 | $2,114 | -2,556 |
Net OOP = PITI − total rental income. Negative vs SFH = 3-family is CHEAPER per month than SFH baseline despite higher purchase price.
Master plan: "3-Family Property: potentially the best financial/investment play, but operationally more complex. Spouse less enthusiastic. Remains on the table but may not be the leading direction currently."
User update 2026-05-16: "If we are going to get a condo, it's almost a better bet to just get a 3-family maybe with a yard."
A $750k 3-family with $1,800/mo × 2 units rents COSTS LESS per month than the SFH $535k baseline. Landlord complexity is the tradeoff, not affordability.