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Updated about 11 years ago on . Most recent reply

Shawn Pappas's profile image
Shawn Pappas's profile image
Shawn Pappas
  • Insurance Agent
  • from Clarence, New York
  • Member since Sep 6, 2013

User Stats

20
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9
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Shawn Pappas's profile image
Shawn Pappas's profile image
Shawn Pappas
  • Insurance Agent
  • from Clarence, New York
  • Member since Sep 6, 2013
Shawn Pappas
  • Insurance Agent
  • Clarence, NY
9
Votes |
20
Posts
Real Estate Deal Analysis & Advice

First deal

Shawn Pappas
  • Insurance Agent
  • Clarence, NY
Posted
I'm looking to get my first deal on a multi family. When running numbers to figure cap rate do you include percentages for vacancy and repairs into your NOI? I figure 15% of GMI for repairs and 10% for vacancy. Also does anyone have suggestions on numbers I have for vacancy and repairs. Should they be more or less?
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