South Fort Worth SFR Underwriting

[Michael Myers]

Hey everyone! I'm looking to start buying rentals (BRRRR strategy) in south Fort Worth area (roughly South of 30, West of 35W, including just South of 20), and I'm wondering what people typically use for underwriting amounts for vacancy, repairs, and CapEx? Currently I've been screening deals with 8.5% for vacancy, $125/mo for repairs, and $125/mo for CapEx, but I have a feeling that might be too conservative? We're planning on rehabbing with B to B+ finish-out, even if the neighborhood is C to B class in hopes of attracting great tenants who stay a long time. Looking for feedback on what y'all have seen work well in the past!