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Updated over 1 year ago on . Most recent reply

User Stats

15
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4
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Sigmund VanDamme
  • Investor
  • Pittsford NY
4
Votes |
15
Posts

What percentage do you use for Cap Ex Expenses for recently rehabbed single family

Sigmund VanDamme
  • Investor
  • Pittsford NY
Posted

I am trying to sharpen the pencil in regards to my financial model for the single family homes that we own.  We currently use 3% but I am finding that is inadequate and I am wondering if anyone here had a back of the napkin number they use.  I am sure it varies depending on the property and features like age of roof and appliances, etc.

Any guidance much appreciated.

Thanks,

-Sig

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