I can't imagine the water heater at 50W? Maybe 5000W?
I have a three bedroom, 2.5 bath 2300sq/ft colonial. I have oil furnace heat and hot water and a well. I have electric stove and washer and dryer.
I power my house on a 5500 watt gas generator, i mounted it on wheels and store it in my garage. I roll into driveway and plug in when needed.
I easily power my house for 12-14 hours per 6.5 gallon tank.
I run my heat, hotwater, well, TV's, appliances etc, with no problems at all.
If running the oven or stove tops I'd not be able to run anything else at the same time. I've not tried the electric dryer, no need during an outage.
I've been out for up to 5 days straight with no issues. I fill at night and then fill in the morning.
I paid $399 for the generator during a day after thanksgiving day sale.
What I like about my set up is, my generator is totally portable so I can use for many purposes, it was cheap but very reliable, I've had for a few years now.
What I don't like is that it runs on gas. Gas is just plain junk today and I'm sure to treat every tankful.
Search on the site, there are many posts on this subject.
This reminds me to run the gas through my machine as it's been sitting for some time.
Joel