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Updated over 3 years ago on . Most recent reply

User Stats

19
Posts
8
Votes
Merle Sauvola
  • Contractor
  • Greer, SC
8
Votes |
19
Posts

New Duplex expense calculations (Greenville SC)

Merle Sauvola
  • Contractor
  • Greer, SC
Posted

I’m finally making the leap into the build/hold homes.  Been building/selling new homes for a number of years.

I’m getting a pitch deck together for my investors, and and needing some insight on some expenses.

On new construction, what is the best realistic percentage to figure for maintenance?  There will be “some” but not near as much as an older build.

I did a county estimated property tax calculation, but not sure if i trust it.  What is the go to figure to plan for property taxes in upstate sc?

Insurance.  Is there a percentage of value to figure?

The properties I’m working to get going will range from 8 doors (duplexes) to 64 doors.  (Multiple properties)

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