What Numbers Do You Review Every Month on Your Rentals?

Question

Besides rent collected, what metrics help you measure the health of your portfolio?

Cash flow? Maintenance costs? Vacancy? CapEx reserves?

Giuseppe Cavucci · Answer

CapEx reserves is the one I'd push people to actually track, since it's the easiest to skip when things are quiet. Cash flow and vacancy show up on their own, you feel them every month. Reserves don't complain until the year your roof, HVAC, and water heater all decide to retire within a few months of each other.

The number I watch closest isn't a flat percentage of rent or property value though, it's tied to how old each major system actually is relative to its expected lifespan. A property with a 3-year-old roof and a 3-year-old water heater needs a very different monthly set-aside than one where everything's pushing 18-20 years, even if the rent and the property value look identical on paper.

Curious how you're currently sizing your CapEx number, flat percentage, or something tied to actual system age?

Chris Seveney · Answer

all the above.

do you ever post about your opinion or just ask random questions?

What Numbers Do You Review Every Month on Your Rentals?

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