Deal analysis- cap ex, repair, etc
Hi BP,
I am analyzing a deal but I am not sure how much% of monthly rent I should consider as cap ex and repair. Any conservative number? Some says 5%, the other says 10%. I may put 8%. Does this sound reasonable?
I consider these as cost
P&I
HOA
Insurance
Tax
Cap ex
Repair
PM
Closing cost
Rehab
Am I missing anything?