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I have two 5-gallon electric tank units in my office. No place to put a full size HW heater so I mounted one unit under the bath vanity, one under the lunchroom sink. They work fine for their intended use hot water is nearly instantaneous as they are just inches from the tap.
I also had a 5 gallon per minute electric on demand unit installed in a one bedroom no washer or dishwasher in a rental unit. It was astronomically expensive to run. I had it removed after two months.
Not sure either of these answers are exactly what you are looking to do but I hope the information helps.
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