Estimating Cap Expenditure on APOD

[Alexander Monnin]

Whats the best way to account for capital expenditures on a 10 year pro forma?  Also, how do you account for maintenance/repairs?  I personally feel like %calculations can be rather inaccurate because the same building will have different rents depending on their location, which in turn, would give you different amounts for repairs/maintenance/capital expenditures.