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Fabian Friedrich
  • Realtor
  • Great Falls, VA
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Analysis: HoA vs CapEx for Condo/Townhomes

Fabian Friedrich
  • Realtor
  • Great Falls, VA
Posted Oct 17 2019, 12:22

Hi,

When analyzing deal I am looking at Condos and townhomes here in NoVa which often have $200-$400 HoA fees.

At the same time I kept 8-10% for Maintenance and CapEx.

Is that overkill as HoA should take care of most items or still reasonable? Asking because HoA almost always leads to massive negative cash flow.

Thanks!

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