Salisbury MD, Real Estate Investment advice and analysis

[Ryan Daniher]

Hello Biggerpocket members,

I have a portfolio of investments in Salisbury, MD that I am analyzing as buy-and-hold student rentals. After providing all correct numbers (insurance, management, and property taxes) for rental property net cash flow calculations, I am seeing some rather large cap rates of 13-20%. 

Question to all investors, what % of monthly rental income do you put aside for maintenance fees (such as repairs needed irregularly, appliance repairs, etc.) when doing net cash flow calculations? Thank you for the time to read this, I appreciate it. 

Best Regards,

Ryan Daniher