We find ten distinct ground states for the single-orbital Hubbard model on the decorated honeycomb lattice, which interpolates between the honeycomb and kagome lattices, and is the simplest two-dimensional net. The rich phase diagram includes a real-space Mott insulator, dimer and trimer Mott insulators, a spin triplet Mott insulator, flat band ferromagnets, and Dirac metals. It is determined as a function of interaction strength, band filling, and hopping anisotropy, using rotationally invariant slave boson mean-field theory.