Average monthly costs of maintenance and repairs as a % -- 2-4 units

[Account Closed]

Hi guys,

What's the % of monthly rent you would estimate for renovated property?  The property is 100 years old but has been renovated.  It's a 4 unit.  1 bedroom/1 bath per unit.  

I know the numbers can vary but just want a good idea here of what to budget for maintenance/expenses.  I would be using a property management firm to manage the property.

Thanks,

Steven