@Marcellus P McKinley your capex is way low. Examples: roof $7500 /25 life span/12 months= $25 per month. Flooring refinish 1000sf @ $3 sf = $3000 / 7 years / 12= $35 per unit or $70 per month. You have to account for HVAC,hot water heater, appliances,etc. Their is a cap ex spreadsheet in the files section of BP tha t @ Sam Tato created if you want to get it to the penny.
@Tim Herman , Apologies for the late reply and thanks! I will go track that spreadsheet down now.