How much do you budget for maintenance/repairs per month?

Question

How much do you typically budget each month for maintenance and repairs? How about capital expenditures?

Jay Helms · Answer

For SFRs, 5-10%, depending on the age and condition.

Jay Helms · Answer

Yes.

Craig Curelop · Answer

@Brandon Pelfrey - I have purchased a duplex that was completely remodeled with almost everything being brand new. I put aside $250 per month for maintenance, repairs, vacancies, etc.

I also live in Denver and purchased about 5 blocks north from Denver's largest park and am relatively close to downtown and the fun areas. For that reason, vacancy is pretty low.

Joshua D. · Answer

$150 for repairs and cap ex...

Brandon Pelfrey · Answer

@Jay Helms Thanks for sharing, is that 5-10% of monthly gross rents?

How much do you budget for maintenance/repairs per month?

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